According to a report published Tuesday in the Journal of the American Medical Association, the U.S. spends roughly twice as much on health care as 10 other wealthy nations.
The report by Irene Papanicolas of the Department of Health Policy and Management at Harvard T.H. Chan School of Public Health and colleagues suggests administrative costs and goods and labor costs are the main drivers of the significant spending gap.
“Health care spending in the United States is a major concern and is higher than in other high-income countries, but there is little evidence that efforts to reform U.S. health care delivery have had a meaningful influence on controlling health care spending and costs,” an abstract for the report states.
To read more about the report on Medscape, click here. (Paid subscription required)