By: Dave Sterrett
..... Not only are the UK’s health outcomes for infants better, but they produce these results at a fraction of the cost of health care spending in the United States. The UK spends 9.6 percent of its GDP on health care, versus the 17.6 percent we spend in the United States. Health care spending in the UK is $3,433 per capita, but a whopping $8,233 per capita in the United States. Finally, the average out-of-pocket health care costs for citizens in the UK is $306, while it’s $970 in the United States. The UK holds costs down even with a greater portion of its population over 65 than the United States (16.5 percent vs. 13.1 percent).
How can the United Kingdom achieve better health outcomes with lower health care costs while covering a larger percentage of its population? Through its single-payer system, which cuts out the middle man of private health insurance.
Via Margaret Reeve Panahi