The Iron Law of Rising Healthcare Costs

By the Foundation for Health Studies | 2024

This report delves into the complexities of the Iron Law of Rising Healthcare Costs (hereafter referred to as the Iron Law), addressing the various challenges associated with healthcare financing in the context of ever-increasing expenditure. This analysis is particularly relevant in the context of 2024, where such challenges have become more pressing and demanding. The report draws primarily on data from the latest official publication by the OECD in 2024: “Fiscal Sustainability of Health Systems.” Our aim is to provide a clear and accurate perspective on these issues, with the intention of informing and guiding future decisions in the challenging field of healthcare. We believe this report will serve as a valuable resource for those interested in the evolution of health spending and its inevitable impact on the economy.