Healthcare is a major concern to people around the globe. While many poor countries are struggling to provide even basic health services, industrialized countries are striving to keep their high levels of healthcare affordable. Which of the following countries had the largest healthcare expenditures as a percentage of GDP?
ANSWERS
A. United States B. Germany C. Japan D. France
A. United States is correct.
Healthcare spending in the United States amounted to $1.9 trillion in 2004, equaling 16 percent of US gross domestic product. In other words, $16 out of every $100 in US economic activity were spent in the healthcare sector -- the highest ratio among industrialized countries.
The share of US GDP dedicated to healthcare spending more than doubled over the past 35 years, increasing from 7.2 percent of GDP in 1970 to 16 percent in 2004, according to the Organization for Economic Cooperation and Development. The US government estimates that healthcare spending will account for 18.7 percent of GDP by 2014.
B. Germany is not correct.
Germany's healthcare system is one of the costliest in the world today, consuming 11.1 percent of GDP. Still, it is about 30 percent less costly than the US system.
Given this cost differential, it is all the more astounding that the German healthcare system provides coverage for all but 0.3 percent of the population, while in the United States about 16 percent of the population, or 46 million people, are uninsured.
C. Japan is not correct.
Japan's share of GDP allocated to healthcare spending was 7.9 percent in 2004. Remarkably, that is less than the 8.8 percentage point increase which the United States encountered in its healthcare spending between 1970 (when healthcare costs stood at 7.2 percent of GDP) and 2004 (16 percent of GDP).
On average, the 30 countries that are members of the OECD spent about 6.7 percent of their GDP on healthcare in 2004, less than the 7.2 percent level the United States reached in 1970.
D. France is not correct.
In 2004, France's healthcare costs equaled about 10.1 percent of GDP, less than Germany's, but more than the Netherlands (9.8 percent) and the United Kingdom (7.7 percent of GDP).
One of the most puzzling aspects of international comparisons is that higher healthcare outlays do not necessarily correspond with better outcomes. For example, the United States spends more than twice as much on healthcare as Canada, yet Canadians have a higher life expectancy than Americans.
Global health - The Boston Globe
ANSWERS
A. United States B. Germany C. Japan D. France
A. United States is correct.
Healthcare spending in the United States amounted to $1.9 trillion in 2004, equaling 16 percent of US gross domestic product. In other words, $16 out of every $100 in US economic activity were spent in the healthcare sector -- the highest ratio among industrialized countries.
The share of US GDP dedicated to healthcare spending more than doubled over the past 35 years, increasing from 7.2 percent of GDP in 1970 to 16 percent in 2004, according to the Organization for Economic Cooperation and Development. The US government estimates that healthcare spending will account for 18.7 percent of GDP by 2014.
B. Germany is not correct.
Germany's healthcare system is one of the costliest in the world today, consuming 11.1 percent of GDP. Still, it is about 30 percent less costly than the US system.
Given this cost differential, it is all the more astounding that the German healthcare system provides coverage for all but 0.3 percent of the population, while in the United States about 16 percent of the population, or 46 million people, are uninsured.
C. Japan is not correct.
Japan's share of GDP allocated to healthcare spending was 7.9 percent in 2004. Remarkably, that is less than the 8.8 percentage point increase which the United States encountered in its healthcare spending between 1970 (when healthcare costs stood at 7.2 percent of GDP) and 2004 (16 percent of GDP).
On average, the 30 countries that are members of the OECD spent about 6.7 percent of their GDP on healthcare in 2004, less than the 7.2 percent level the United States reached in 1970.
D. France is not correct.
In 2004, France's healthcare costs equaled about 10.1 percent of GDP, less than Germany's, but more than the Netherlands (9.8 percent) and the United Kingdom (7.7 percent of GDP).
One of the most puzzling aspects of international comparisons is that higher healthcare outlays do not necessarily correspond with better outcomes. For example, the United States spends more than twice as much on healthcare as Canada, yet Canadians have a higher life expectancy than Americans.
Global health - The Boston Globe