«

»

Why Americans Spend So Much on Health Care — In 12 Charts

The U.S. spends more per capita on health care than any other developed nation. It will soon spend close to 20 percent of its GDP on health — significantly more than the percentage spent by major Organization for Economic Cooperation and Development nations. What is driving costs so high? As this series of charts shows, Americans aren’t buying more health care overall than other countries. But what they are buying is increasingly expensive. Among the reasons is the troubling fact that few people in health care, from consumers to doctors to hospitals to insurers, know the true cost of what they are buying and selling. Providers, manufacturers, and middlemen operate in an opaque market ...

Read the full post at The Commonwealth Fund
Vote This Post DownVote This Post Up (No Ratings Yet)
Explore the Archive