During the past few decades, the percentage of our income spent on health care: Group of answer choices has increased due to an aging U. S. population. has decreased due to costly advances in medical technology. has increased due to advanced demand-and-supply distribution of health care facilities. has decreased due to increased regulation and decreased administrative costs. has decreased due to the reduction in health care costs.

Has increased due to an aging U.S. population

Explanation:

Health care spending as percentage of GDP

The US is said to have had the highest health care spending of about 17.1% of GDP  when compared to France of 11.6%, Sweden, Germany, Netherlands and other countries.

The United States  is said to be the only advanced economy that tolerates having a significant portion of its citizens uninsured as well as have the largest private market for healthcare financing of any nation.  The US also use or spend more per capital on health care services than any other nation, but has some of the poorest health outcomes.

Affordable Care Act

This law was set up to increase the access to existing insurance programs, instead to redesign the entire insurance system., it also serves to provide federal funding to expand access to insurance, while giving room for state differences in implementation of the law. and increase private health insurance markets, subject to extensive federal regulations etc.

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