U.S. Outspends 12 Other Countries on Healthcare, Report Says

The U.S. outspends 12 other industrialized countries on healthcare, but does not provide superior care to those nations, according to a report from the Commonwealth Fund.

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Source: ModernHealthcare.com

Using data from the Organization for Economic Cooperation and Development, researchers compared healthcare spending, supply, utilization, prices and quality among the industrialized countries of Australia, Canada, Denmark, France, Germany, Japan, the Netherlands, New Zealand, Norway, Sweden, Switzerland and the U.K. The study showed that the U.S. spent almost $8,000 per capita on healthcare in 2009, while Japan and New Zealand spent about one-third as much and Norway and Switzerland spent about two-thirds as much. And healthcare spending in the U.S. was about 17% of the country's gross domestic product compared with all of the countries, where spending was 12% or less of GDP