How much is good medical care worth to you? $8,233 per year? That’s how much the U.S. usually spends per person. Worth it? That figure is more than two-and-a-half times more than most western countries on the globe, such as relatively wealthy European countries like France, Sweden and the U.K. On a more international range, it means U.S. medical care costs now eat up 17.6 percent of GDP.

healthcare

For this year’s study on overall medical care, The Commonwealth Fund rated the U.S. last.

  1. United Kingdom
  2. Switzerland
  3. Sweden
  4. Australia
  5. Malaysia & Holland (tied)
  6. New Zealand & Norwegian (tied)
  7. France
  8. Canada
  9. United States

It’s pretty well proven that the U.S. is the most costly medical care program on the globe, but many keep incorrectly believing that we pay more for medical care because we get better health (or better health outcomes). A substantial piece of people in America such as some top-ranking political figures say the cost may be regrettable but the U.S. has “the best medical good care on the globe.”

But let’s consider what 17 cents of every U.S. dollar is buying. According to the latest review from the Organization for Economic Co-operation and Development (OECD), a worldwide economic group consisting of 34 countries, it’s not as much as many people in America expect.

In the U.S.:

There are fewer doctors per individual than in most other OECD nations. Truly, for example, the U.S. had 2.4 practicing doctors per 1,000 individuals, well below the OECD average of 3.1.

The number of medical center mattresses in the U.S. was 2.6 per 1,000 inhabitants during 2009, less than the OECD average of 3.4 mattresses.

Life expectations at birth increased by almost nine years between 1960 and 2010, but that’s less than the increase of over 15 years in Japan and over 11 years on average in OECD nations. The average U.S. citizen now lives 78.7 years in 2010, more than one year below the average of 79.8 years. There’s a good side, to be sure. The U.S. leads the world in medical care research and cancer treatment, for example. The five-year rate of success for breasts cancers is higher in the U.S. than in other OECD nations and success from colorectal cancer is also among the best, according to the survey of the group. The U.S. is a very wealthy nation, but even so, it spends far more of its economy, 17.6 % of GDP to be exact, to health than any other nation.

 

References:

http://www.forbes.com/sites/danmunro/2014/06/16/u-s-healthcare-ranked-dead-last-compared-to-10-other-countries/

http://www.pbs.org/newshour/rundown/health-costs-how-the-us-compares-with-other-countries/