U.S. Health Care in a Global Context by Joseph Quinlan
The United States pays a much larger share of its income for health insurance than other countries — with little to show for the extra expenditure. But, warns Joseph Quinlan, what may seem like a purely U.S. domestic issue has already started to turn into a global competitive disadvantage for American companies. What separates America from the rest of the world is the following: No other nation devotes as much of its resources and capital to health care, yet receives so little in return.
The United States spends twice as much as Canada on health care per person, yet the average Canadian has a higher life expectancy. Ditto for Japan, Germany, France and the United Kingdom — four nations that allocate less to medical expenses than the United States, yet still manage to have a generally healthier population by various measures.
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