Thursday, December 5, 2013

US Has More GDP Per Person Leftover After Health Care Spending Than Most Countries

From John Goodman's Health Policy Blog, "More on the Latest Commonwealth Fund Study: The United States is the Third Lowest Spender on Health Care in Eleven Developed Countries" by John R. Graham:
However, it’s not clear that relatively high U.S. health spending is a burden on the nation. Table A, which uses data from the survey, shows that when we subtract U.S. health spending from our Gross Domestic Product (GDP), we still had $39, 560 per capita to spend on everything else we value. Only two countries, Norway and Switzerland, beat the U.S. on this measure. In the United Kingdom for example, GDP per capita after health spending was only $32,818 in 2011 (adjusted for the cost of living). So, even though American health care is significantly more expensive than British health care, the average American enjoyed $6,742 more GDP after health spending than his British peer.

Table A

CountryHealth
Spending/Capita (2011)
Share
of GDP/Capita
GDP/Capita
(2011)
GDP/Cap less Health
Spending/Capita (2011)
 Norway $5,669 9% $60,957 $55,288
 Switzerland $5,643 11% $51,300 $45,657
 United States $8,508 18% $48,068 $39,560
 Australia $3,800 9% $42,697 $38,897
 Netherlands $5,099 12% $42,849 $37,750
 Sweden $3,925 10% $41,316 $37,391
 Canada $4,522 11% $40,375 $35,853
 Germany $4,495 11% $39,779 $35,284
 United Kingdom $3,405 9% $36,223 $32,818
 France $4,118 12% $35,500 $31,382
 New Zealand $3,182 10% $30,893 $27,711
Source: Schoen, C., et al., “Access, Affordabiliy, and Insurance Complexity Are Often Worse in the United States Compared to Ten Other Countries”, Health Affairs (November 2013).

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