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U.S. healthcare costs in 2015 were 16.9% GDP according to the OECD, over 5% GDP higher than the next most expensive OECD country. [2] 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.
The chart below is older (2020 data) and breaks down the voluntary spending further by separating out-of-pocket payments. In this chart the items are stacked by color. There are a few other countries than just OECD countries. [2] [3] Click to enlarge. Timeline of a few OECD countries: Health care cost as percent of GDP (total economy of a ...
The Commonwealth Fund ranked the United States last in the quality of health care among similar countries. [11] [12] The percentage of persons without health insurance (the "uninsured") fell from 13.3% in 2013 to 8.8% in 2016, due primarily to the Affordable Care Act. The number uninsured fell from 41.8 million in 2013 to 28.0 million in 2016 ...
Healthcare costs continue to rise across the United States. According to Centers for Medicare & Medicaid Services, the average price per person is $13,493 annually on average, which is no small...
Rising health care costs are partly due to an aging population. According to the Peter G. Peterson Foundation, 13% of people in the U.S. in 2010 were aged 65 and older; by 2021, 16% were 65 and up ...
South Dakota has the highest health care costs in the nation, according to a… Story at a glance Five of the top 10 most expensive states were in the eastern portion of the United States ...
[136] [137] Of each dollar spent on healthcare in the US, 31% goes to hospital care, 21% goes to physician/clinical services, 10% to pharmaceuticals, 4% to dental, 6% to nursing homes and 3% to home healthcare, 3% for other retail products, 3% for government public health activities, 7% to administrative costs, 7% to investment, and 6% to other ...
Employer-sponsored health insurance is the most common form of coverage in the United States. KFF says almost 153 million Americans have it. Companies generally pay most of the premium — 70% or ...