Why is Health Care in the United States so Expensive?

Why is Health Care so Expensive in the United States? Some researchers for the Journal of the American Medical association set out to answer that question. They compare the cost of health care in the United States to the cost in other developed nations. Did you know we spend about twice as much per person for health care in this country compared to other developed nations? The researchers, when they looked, found that it was largely due to administrative costs. And about 8% of our health care spending is on administrative costs in the United States. It was about 1 to 2 or 3% in other countries. And on prices. The prices in the United States are way higher. For example, for pharmaceuticals, Americans were spending about $1,400 per person per year for drugs, whereas in other countries they were spending around $400 per person for drugs. So hope that answers the question we are overpaying and our health care system is under delivering. Check out my links for information about what can do to save hundreds or even thousands of dollars per healthcare encounter. And hey, keep the questions coming.