According to a new study that found first-rate treatment for cancer but insufficient primary care for other ailments, the U.S. healthcare system is more effective at delivering high costs than quality care.
The study disclosed Americans pay more than $7,900 per person for healthcare each year, which is far more than any other OECD country but still die earlier than their peers in the industrialized world.
From Reuters.com:
The cost of healthcare in the United States is 62 percent higher than that in Switzerland, which has a similar per capita income and also relies substantially on private health insurance.
Meanwhile, Americans receive comparatively little actual care, despite sky-high prices driven by expensive tests and procedures. They also spend more tax money on healthcare than most other countries, the study showed.
An “underdeveloped” U.S. primary care system is plagued by shortages of family doctors and high rates of avoidable hospital admissions for people with asthma, lung disease, diabetes, hypertension and other common illnesses.
The study was released on Wednesday by the 34-nation Organization for Economic Cooperation and Development, or OECD.
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