Medical Billing Blog

Comparing Healthcare Spending Across Nations

Posted by Scott Shatzman on Tue, Oct, 29, 2013 @ 08:10 AM

As a country, the United States spend more per capita on health care than any other OECD (Organization for Economic Co-operation and Development) country. We have one of the highest growth rates in health care spending in the world. The share of the economy devoted to healthcare increased from 7.2% in 1970 to 17.9% in 2009 and 2010. However, the Patient Protection and Affordable Care Act, along with a weak economy, has slowed down healthcare spending to historic lows in recent years. We are innovating new ways to reduce costs, improve health, and distangle the healthcare bureaucracy daily. But more needs to be done.  Thanks to the people at www.humanresourcesmba.net, we have our healthcare spending story in an easy to follow infographic. Compare how we spend our healthcare funds against other countries while exploring all of the new incentives companies are taking to improve wellness for our working citizenry. 

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