US healthcare still stupidly expensive, with pathetic outcomes, study finds
“Americans pay more for health care, get less in return, and remain far more exposed to illness, debt, and insecurity than their peers,” the report concludes. The report comes from The Commonwealth Fund, a private foundation focused on healthcare system performance, which periodically conducts such comparative analyses. The new report is based on 2024 data and compares the US to 19 countries, including many in Europe, as well as Australia, Canada, Chile, Israel, Japan, Korea, Mexico, New Zealand, Turkey, and the United Kingdom. As has long been the case, the US spends far more on healthcare than any other of the 19 countries. In 2024, the US spent 18 percent of its gross domestic product on healthcare, nearly twice the average of all the countries, which was 9.3 percent. The second-highest spender after the US was Germany, with 12.3 percent. Drilling down, the US spends far more on care per person than other countries and spends more on prescription medications. Americans are, by far, the most likely to skip medications, treatments, tests, and consultations due to costs. US life expectancy at birth ranked third lowest, at 79 years, while the average was 81.2 years. Only Turkey and Mexico had lower life expectancies, which were 77.3 and 75.5, respectively. The highest life expectancies were in Spain (84 years), Japan (84.1 years), and Switzerland (84.3 years). Uniquely bad The US had the second-highest avoidable mortality rate—deaths caused by conditions that can be prevented with primary care or treated with timely medical intervention. Only Mexico had higher avoidable mortality. Similarly, the US also had the second-highest rating on years of potential life lost, a measure used to estimate premature death. Again, only Mexico had a higher rating.
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