Monday, December 23, 2019

Us Health Care System With Organization For Economic...

Comparison of US health care system with Organization for Economic Cooperation and Development(OECD): Referring to the health care performance analysis done by the Commonwealth Fund, the US health care system consistently fails to achieve the balance between the service provided and the expenditure incurred. Although the U.S. spends more on health care than any other country and has the highest proportion of specialist physicians, survey findings indicate that from the patients perspective, and based on outcome indicators, the performance of American health care is severely lacking, stated by the Commonwealth Fund . Amongst the OECD countries the United states accounted for the highest health care spending of 16.9% of GDP in 2012,it is greater than 7.5% above the OECD average of 9.3%1.As compared with the other OECD countries, the United States health spending is evenly distributed between public and private sectors1. The public sectors expenditure on health care was 48%, in 2012, which is well below the average of 72% in other OECD countries1. While comparing the health care system of USA with other OECD countries we come across various reasons which depict why the health spending in US is so enormously high. They may be as follows: †¢ Compared to OECD countries like Canada, Germany, France, Switzerland and Japan, it is observed that United States spends more by 60% on hospitals. †¢ The United states expend almost 2.5 times the average of other OECD countries onShow MoreRelatedPope Gregory’s America1261 Words   |  6 Pagesbeen prescribed a cocktail of healthcare systems that have been depleted our coffers while failing to provide adequate care. Fifteen percent of the American population is uninsured and the cost of healthcare for both the uninsured and the insured is rising at an exorbitant rate, which results in issues from both a health and an economic standpoint. 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