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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 2018. [7] See: list of countries by life expectancy.
Below is a list of the largest consumer markets of the world, according to data from the World Bank. The countries are sorted by their household final consumption expenditure (HFCE) which represents consumer spending in nominal terms. [ 1 ]
The healthcare industry is one of the world's largest and fastest-growing industries. [3] Consuming over 10 percent of gross domestic product (GDP) of most developed nations, health care can form an enormous part of a country's economy. U.S. healthcare spending grew 2.7 percent in 2021, reaching $4.3 trillion or $12,914 per person.
[9] [10] [11] Government mandated critical care and government insurance programs like Medicare also impact the market pricing of U.S. health care. According to The New York Times in 2011, "the United States is far and away the world leader in medical spending, even though numerous studies have concluded that Americans do not get better care ...
Incredible Health compared medical industries' shares of employees 65 and older to highlight which health care fields need new workers most.
Benefit consultants from Mercer, Aon and Willis Towers Watson see employer healthcare costs jumping 5.4% to 8.5% in 2024 due to medical inflation, soaring demand for costly weight-loss drugs and ...
In its 2000 assessment of world health systems, the World Health Organization found that France provided the "best overall health care" in the world. [132] In 2005, France spent 11.2% of GDP on health care, or US$3,926 per capita.
Average Cost of Long-Term Care Insurance in 2024. Long-term care insurance costs vary significantly based on factors like age, gender, health, coverage, and location.