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U.S. Health Care--Cost More -Get Less
Mar 11, 2015 18:36:34   #
Frosty Loc: Minnesota
 
http://www.huffingtonpost.com/2013/08/29/most-efficient-healthcare_n_3825477.html

Excerpt from the above link

As supporters and opponents of the Affordable Care Act debate the best way to overhaul a clearly broken health care system, it's perhaps helpful to put American medicine in a global perspective.

The infographic below is based on a recent Bloomberg ranking of the most efficient countries for health care, and highlights enormous gap between the soaring cost of treatment in the U.S. and its quality and effectiveness. To paraphrase Ricky Ricardo, the American health care system has a lot of 'splainin' to do.

skdf

It's remarkable how low America places in health care efficiency: among the 48 countries included in the Bloomberg study, the U.S. ranks 46th, outpacing just Serbia and Brazil. Once that sinks in, try this one on for size: the U.S. ranks worse than China, Algeria, and Iran.

But the sheer numbers are really what's humbling about this list: the U.S. ranks second in health care cost per capita ($8,608), only to be outspent by Switzerland ($9,121) -- which, for the record, boasts a top-10 health care system in terms of efficiency. Furthermore, the U.S. is tops in terms of health care cost relative to GDP, with 17.2 percent of the country's wealth spent on medical care for every American.

In other words, the world's richest country spends more of its money on health care while getting less than almost every other nation in return.

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Mar 12, 2015 08:51:44   #
SBW
 
Frosty wrote:
http://www.huffingtonpost.com/2013/08/29/most-efficient-healthcare_n_3825477.html

Excerpt from the above link

As supporters and opponents of the Affordable Care Act debate the best way to overhaul a clearly broken health care system, it's perhaps helpful to put American medicine in a global perspective.

The infographic below is based on a recent Bloomberg ranking of the most efficient countries for health care, and highlights enormous gap between the soaring cost of treatment in the U.S. and its quality and effectiveness. To paraphrase Ricky Ricardo, the American health care system has a lot of 'splainin' to do.

skdf

It's remarkable how low America places in health care efficiency: among the 48 countries included in the Bloomberg study, the U.S. ranks 46th, outpacing just Serbia and Brazil. Once that sinks in, try this one on for size: the U.S. ranks worse than China, Algeria, and Iran.

But the sheer numbers are really what's humbling about this list: the U.S. ranks second in health care cost per capita ($8,608), only to be outspent by Switzerland ($9,121) -- which, for the record, boasts a top-10 health care system in terms of efficiency. Furthermore, the U.S. is tops in terms of health care cost relative to GDP, with 17.2 percent of the country's wealth spent on medical care for every American.

In other words, the world's richest country spends more of its money on health care while getting less than almost every other nation in return.
http://www.huffingtonpost.com/2013/08/29/most-effi... (show quote)


And because of obamacare this will only get worse.

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Mar 12, 2015 09:10:29   #
Frosty Loc: Minnesota
 
SBW wrote:
And because of obamacare this will only get worse.


Only because Obamacare still relies on private health insurance companies who drive up costs, deny coverage, pay out dividends to none productive people and pay their officers tens of millions per year.

The highly ranked countries use a different system. I believe the U.S. is the only industrialized country that does not have universal health care.

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Mar 12, 2015 09:44:44   #
SBW
 
Frosty wrote:
Only because Obamacare still relies on private health insurance companies who drive up costs, deny coverage, pay out dividends to none productive people and pay their officers tens of millions per year.

The highly ranked countries use a different system. I believe the U.S. is the only industrialized country that does not have universal health care.


Well, I have lived in four other countries that have socialized medicine. So I have had real world experience. Most anyone that has had that same experience will quickly tell you that what we had here was better, insurance companies and all.

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