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Friday, November 29, 2024 — Houston, TX

By Wikipedia



NEWS 10/28/09 6:15am

Health care spending in U.S. exceeds costs of other countries

Current estimates put U.S. health care spending at approximately 16% of GDP, second only to East Timor (Timor-Leste) among all United Nations member nations.[7] The health share of GDP is expected to continue its historical upward trend, reaching 19.5 percent of GDP by 2017.[33][34] Of each dollar spent on health care in the United States 31% goes to hospital care, 21% goes to physician services, 10% to pharmaceuticals, 8% to nursing homes, 7% to administrative costs, and 23% to all other categories (diagnostic laboratory services, pharmacies, medical device manufacturers, etc.[23]