Why US healthcare is more expensive than all other wealthy nations - but life expectancy is the LOWEST
http://www.dailymail.co.uk/health/ar...#ixzz59f0fQ8sK
https://www.washingtonpost.com/news/...=.2bcb2537960f
http://www.latimes.com/politics/la-n...214-story.html
https://www.cnbc.com/2018/03/13/us-h...e-nations.html
https://www.nytimes.com/2018/03/13/u...-of-world.html
i'd link fox but of course we know they will ignore this study
Americans spent almost twice as much on health care costs than other wealthy nations in 2016
The Harvard team found physician salaries and service prices are some of the main reasons why American's pay more for health care than their peers
They found these costs are not due to the utilization of medical services
People in the US shell out $9,403 a year on health care services, while wealthy nations like Germany spend on average a little more $5,000.
While it's been said that Americans use more medical services than peer countries, leading to higher costs, the study found salaries of physicians, as well as higher pharmaceutical prices play a significant roles in health care costs.
The study, conducted by researchers at Harvard University, debunks many of the common beliefs people have about why the US spend so much money on healthcare.
They found that the main drivers of these prices are higher salaries for physicians and nurse, with US medical doctors making around $218,173 compared with a range of $86,607 to $154,126 in the other countries.
The US also spend more money on drugs, with each American spending more than $1,443 a year on pharmaceuticals, while others nations spend between $466 and $939.
Researchers found life expectancy in the US was the lowest of 11 countries at 78.8 years old, while people in other wealthy nations are expected to live between 80 and 83.9 years.
They also found that the utilization of these medical services were about the same did not differ substantially from their peer countries, despite having higher costs.
'There is a belief that the US population uses a lot more health care services than other countries, thus driving costs. Yet, we found that the US has comparable rates of utilization overall, with lower numbers of physician visits and hospitalizations,' Dr Jha said.