The U.S. spends more on healthcare per capita than any other developed nation; more than $11,000 per person annually. However, the U.S. only gets a pitifully small return on its investment of healthcare resources. In terms of mortality and morbidity outcomes, decades of rising healthcare expenditures have not led to a corresponding improvement in value. With the exception of a very small (0.08%) increase in 2019, life expectancy in the U.S. has been falling since 2014. And deaths from Alzheimer’s, diabetes, suicides, stroke, and drug and alcohol overdoses, have soared. Any future healthcare initiatives must focus on higher-value use of resources that translates into improved mortality and morbidity outcomes. Read more here.
(Source: Joshua Cohen; Forbes; 11/20/20)