Kilo
07-18-2007, 12:28 PM
Jul 18th 2007
From Economist.com
AMERICA spends more on health than any other rich country—total public and private expenditure amounted to a huge 15.3% of GDP in 2005, according to the OECD's annual health report published on Wednesday July 18th.
This is well above the 30-country OECD average of 9%.
South Korea spends least, at 6%.
But, higher spending won't necessarily mean a longer life.
It may seem like hair-splitting to quibble over a few years, but life expectancy in most other rich countries is higher than America's 77.8 years.
For instance, Japan spends 8% of GDP on health and has a life expectancy of 82.
http://www.economist.com/images/ga/2007w29/Life.jpg
From Economist.com
AMERICA spends more on health than any other rich country—total public and private expenditure amounted to a huge 15.3% of GDP in 2005, according to the OECD's annual health report published on Wednesday July 18th.
This is well above the 30-country OECD average of 9%.
South Korea spends least, at 6%.
But, higher spending won't necessarily mean a longer life.
It may seem like hair-splitting to quibble over a few years, but life expectancy in most other rich countries is higher than America's 77.8 years.
For instance, Japan spends 8% of GDP on health and has a life expectancy of 82.
http://www.economist.com/images/ga/2007w29/Life.jpg