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Compared to other OECD countries, U.S. healthcare costs are one-third higher or more relative to the size of the economy (GDP). [2] According to the CDC , during 2015, health expenditures per-person were nearly $10,000 on average, with total expenditures of $3.2 trillion or 17.8% of GDP . [ 3 ]
In this chart the items are stacked by color. There are a few other countries than just OECD countries. [2] [3] Click to enlarge. Timeline of a few OECD countries: Health care cost as percent of GDP (total economy of a nation). [2] [3] Graph below is life expectancy versus healthcare spending of rich OECD countries. US average of $10,447 in ...
The 2024 presidential election is weeks away, and healthcare is expected to be a key issue for voters as they head to the ballot box.. The overall cost of healthcare remains a major problem ...
This graph depicts gross U.S. health care spending from 1960 to 2008. In 2002, automotive companies claimed that the universal system in Canada saved labour costs. [155] In 2004, healthcare cost General Motors $5.8 billion, and increased to $7 billion. [156]
There's one area in which Medicare beneficiaries faced few out-of-pocket costs and, as a result, were less likely to skip care — mental health treatment. Less than 5% of residents in all nations ...
More than 28% of American reported being obese compared with the OECD average of 15%. The next most obese country was Australia with an obesity rate of 21.3%. Two findings struck me as most ...
Average public spending for non-Hispanic blacks ($2,973, equivalent to $5,036 in 2023 [31]) was slightly higher than that for white people ($2,675, equivalent to $4,531 in 2023 [31]) while spending for Hispanics ($1,967, equivalent to $3,332 in 2023 [31]) was significantly lower than the population average ($2,612, equivalent to $4,425 in 2023 ...
In 2022, the U.S. spent more than 17%—about $4.5 trillion dollars—of its gross domestic product on health care, according to a Kaiser Family Foundation analysis of national health expenditure ...