The future of health insurance: Preparing for Dr. Big Brother - The Medical Futurist

According to OECD predictions, exceeding budgets on health spending remains an issue for OECD countries. Maintaining today's healthcare systems and funding future medical advances will be difficult without major reforms. Public expenditure on health and long-term care in OECD countries is set to increase from around 6% of Gross Domestic Product (GDP) today to almost 9% of GDP in 2030 and to 14% by 2060. This will be the harsh reality unless governments and private companies change the structure of how healthcare is funded. In countries with private health insurance, certain treatments such as cancer care are so expensive that only the privileged with good insurance plans can afford them.