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Health Care.

Montana's health service industry continued its long-term growth pattern through 1990; employment increased nearly 3 percent over 1989. Nationwide, health industry growth for the same period approached 4 percent.

Each of Montana's major industry segments shared in gains: practitioners' office employment rose about 4 percent; hospitals a little less than 3 percent; and nursing homes just over 2 percent.

Hospital and practitioner activity is concentrated in three trade centers. Nursing homes are more dispersed.

U.S. spending for health care keeps on growing at rates well above inflation. 1990 was the third consecutive year for double-digit increases in spending. The 1990 health care bill totaled about $670 billion - $2,600 for every man, woman, and child in the country. Health care expenditures accounted for more than 12 percent of the country's Gross National Product.

Government programs pay for just over 40 percent of U.S. health care. Private insurers pay for a third and the rest - about a quarter of the total - is paid by individuals. In Canada there is a single payor, the provincial government.

Rudyard Goode is a professor of finance, School of Business Administration, The University of Montana, Missoula, Montana.
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Title Annotation:Major Industries; The Montana Economy within a Regional Context
Author:Goode, Rudyard
Publication:Montana Business Quarterly
Article Type:Industry Overview
Date:Mar 22, 1992
Previous Article:Agriculture.
Next Article:Travel and tourism.

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