NRS 451 Health Care Spending Comparison Discussion

NRS 451 Health Care Spending Comparison Discussion

NRS 451 Health Care Spending Comparison Discussion

Health Care Spending
Comparison

Despite having the highest health care spending in the
world, the U.S. continues to have worse health outcomes than other developed
nations. This activity is designed to expose you to some of the data that
results when resources are not managed effectively. As you review the tables,
think about what all nurses can do as leaders to change these trends.

Explore The Commonwealth Fund issue brief, U.S. Health Care
from a Global Perspective, to see an explanation of health care from a global
perspective.

Review Exhibits 1 and 9.

GET PAPER HELP. PLACE AN ORDER FOR A CUSTOM-WRITTEN, PLAGIARISM-FREE PAPER NRS 451 Health Care Spending Comparison Discussion

NRS 451 Health Care Spending Comparison Discussion
 Health Care Spending Comparison Discussion

In this chart collection, we take a look at how U.S. health spending compares to health spending in other OECD countries that are similarly large and wealthy (identified based on median GDP and median GDP per capita). For this analysis we reviewed the OECD Health Statistics database and the CMS National Health Expenditure Accounts data.

Wealthy countries, including the U.S., tend to spend more per person on health care and related expenses than lower-income countries. However, even as a high-income country, the U.S. spends more per person on health than comparable countries. Health spending per person in the U.S. was $10,966 in 2019, which was 42% higher than Switzerland, the country with the next highest per capita health spending.

NRS 451 Health Care Spending Comparison DiscussionComparing health spending in the U.S. to other countries is complicated, as each country has unique political, economic, and social attributes that contribute to its spending. Because health spending is closely associated with a country’s wealth, the remaining charts compare the U.S. to similar OECD countries – those with above median national incomes and above median income per person (as measured by GDP and median GDP per capita). The average amount spent on health per person in comparable countries ($5,697) is roughly half that of the U.S. ($10,966).

Since 1980, the gap has widened between U.S. health spending