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- W2183962017 abstract "ABSTRACT: In 2005 the United States spent $6,401 per capita on health care—more thandouble the per capita spending in the median Organization for Economic Cooperation andDevelopment (OECD) country. Between 1970 and 2005, the United States had the largestincrease (8.3 percent) in the percentage of gross domestic product (GDP) devoted to healthcare among all OECD countries. Despite having the third-highest level of spending frompublic sources, public insurance covered only 26.2 percent of the U.S. population in 2005.The United States was equally likely to be in the top and bottom halves for sixteen qualitymeasures compiled by the OECD. [ Health Affairs 27, no. 6 (2008): 1718–1727; 10.1377/hlthaff.27.6.1718] I n 2005, u.s. per capita spending on health carewas greater thanthat of any other country, according to data published by the Organization forEconomic Cooperation and Development (OECD). 1 The United States spent$6,401 per capita on health care in 2005—more than double the median per capitaexpenditure ($2,922) of the thirty industrialized countries that form the Organi-zation for Economic Cooperation and Development (OECD) (Exhibit 1). TheUnited States also spent the highest percentage of its gross domestic product(GDP) on health care (15.3 percent) compared to the OECD median of 9.1 percent(Exhibit 2). The country with the second-highest percentage of GDP devoted tohealth care was Switzerland (11.6 percent).In previous papers, we examined numerous hypotheses that could explain whythe United States has higher health spending per capita and dedicates the largestshare of its overall economy to health care. Topics have included administrativecomplexity, aging of the population, threat of malpractice litigation, defensivemedicine, waiting lists, chronic disease burden, supply and utilization rates, ac-cess to care, and resource allocation." @default.
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- W2183962017 date "2008-01-01" @default.
- W2183962017 modified "2023-09-26" @default.
- W2183962017 title "Health Spending In OECD Countries: Obtaining Value Per" @default.
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