Catastrophic expenditure for health: from antiquity to today
Catastrophic expenditure for health: from antiquity to today Image: rudall30/Shutterstock Two thousand years ago, the story goes, an itinerant carpenter-prophet in Palestine met a woman who had suffered with a bleeding condition for twelve years. She had gone to see this man because she had already “suffered a great deal under the care of many doctors and had spent all she had.” Today, we’ve given that a name: “Catastrophic expenditure for health.” And that concept—financial catastrophe in health care—feels quite new. It wasn’t until 2009 that the US had an estimate for the pr...