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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. A gap of 5% GDP represents $1 trillion, about $3,000 per person relative to the next most expensive country.
Health care cost as percent of GDP (total economy of a nation). [1] [2] Life expectancy vs healthcare spending of rich OECD countries. US average of $10,447 in 2018. [3] This article includes 2 lists of countries of the world and their total expenditure on health per capita. Total expenditure includes both public and private expenditures.
Healthcare in the United States is largely provided by private sector healthcare facilities, and paid for by a combination of public programs, private insurance, and out-of-pocket payments. The U.S. is the only developed country without a system of universal healthcare, and a significant proportion of its population lacks health insurance.
Experts answer your most pressing questions and explain how Medicare for All could change healthcare in America.
Most expensive hospital stays. With complicated health problems that require intensive hospital care, medical bills can quickly add up. The average cost per hospital stay in the U.S. was $11,700 ...
This gives us a bird’s-eye view of how this expensive health condition impacts the United States healthcare system, especially those living with type 2 diabetes.
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