• America spends the most on health care – do we get what we’re paying for?

    by  • March 22, 2012 • Blog

    It’s no secret that the United States spends more per capita than any other nation on healthcare. The question is how much more and what do we get for it? I’ll give you a hint: we don’t stack up well.

    Cost of health care in OECD nations

    The folks at the National Geographic Magazine Blog took freely available health data from the OECD and packaged it into an infographic comparing the cost/performance of the OECD member nations.

    While the United States spends more than double the average, the system returns below average results.

    There’s quite a lot that one can learn from this single chart. We see trends in improved life expectancy with the number of annual physician visits. We also the relatively good performance of many of our European neighbors. And before you accuse National Geographic of leaving out certain nations to skew the data, the chart’s author explains that the omitted nations overlap closely with those presented.

    OECD statistics are freely available from OECD.StatsExtract

    How would you reduce the cost of health care?