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U.S. healthcare costs in 2015 were 16.9% GDP according to the OECD, over 5% GDP higher than the next most expensive OECD country. [2] With U.S. GDP of $19 trillion, healthcare costs were about $3.2 trillion, or about $10,000 per person in a country of 320 million people.
[3] [4] Prohibitively high cost is the primary reason Americans give for problems accessing health care. [4] At approximately 30 million in 2019, [1] higher than the entire population of Australia, the number of people without health insurance coverage is one of the primary concerns raised by advocates of health care reform. Lack of health ...
UnitedHealth's medical costs, its largest expense, jumped to $62.23 billion in the quarter from $53.6 billion at the end of 2022. But company leaders stressed that the rising costs wouldn't affect ...
U.S. healthcare costs are considerably higher than other countries as a share of GDP, among other measures. According to the OECD, U.S. healthcare costs in 2015 were 16.9% GDP, over 5% GDP higher than the next most expensive OECD country. [4] A gap of 5% GDP represents $1 trillion, about $3,000 per person relative to the next most expensive ...
Citing a recent Mercer report, Reuters noted that employer healthcare costs are expected to jump 5.4% to 8.5% in 2024 due to medical inflation, soaring demand for costly weight-loss drugs and ...
WellSpan and other healthcare systems in PA and across the nation have experienced significant inflationary costs for staffing, drugs, and supplies of more than 18%, resulting in a significantly ...
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