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Medical experts say more spending on health care needed

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A group of national medical experts say the U.S. needs to spend more on health care.

A panel from the Institute of Medicine issued a report showing that despite spending more on health care per person than other industrial nations, the U.S. has lower life-expectancy rates and performs worse in other areas that measure overall public health.

In the report released Tuesday, the panel recommended more health care funding and suggests a tax on certain health care transactions to raise revenue.

George Isham, a Senior Advisor at HealthPartners & Senior Fellow at Health Partners Research Foundation in Bloomington, serves on the Institute of Medicine panel and speaks with MPR News.