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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.
May 22, 2024 at 7:18 AM. Stuart Isett/Fortune. After living through the first pandemic in over a century, Americans could be in the midst of another one. “We’re facing a new type of pandemic ...
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.
In 2007, the U.S. spent $2.26 trillion on health care, or $7,439 per person, up from $2.1 trillion, or $7,026 per capita, the previous year. [16] Spending in 2006 represented 16% of GDP, an increase of 6.7% over 2004 spending. Growth in spending is projected to average 6.7% annually over the period 2007 through 2017.
The report focused on working women, who analysts found pay as much as $15.4 billion more a year than men in out-of-pocket health care expenses. This spans age brackets, holding true for women 19 ...
The U.S. spent an all-time high of $4.1 trillion on health care in 2020, representing almost 20% of the gross domestic product. Unlike other countries, the question of who pays that expense is ...
The U.S. spent $1,055 per individual on "governance and health system financing administration" in 2020, compared with the average of $193 per person in similarly wealthy countries, according to a ...
In the United States, health insurance coverage is provided by several public and private sources. During 2019, the U.S. population overall was approximately 330 million, with 59 million people 65 years of age and over covered by the federal Medicare program. The 273 million non-institutionalized persons under age 65 either obtained their ...
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