A recent study published in Health Affairs suggests the U.S. spends significantly more on health care per capita than other developed countries due to higher prices.
The study, according to the Johns Hopkins Bloomberg School of Public Health (JHSPH), says the main drivers of the high spending are high drug prices, higher salaries for medical personnel, high administrative costs and higher prices for a large number of medical services.
“In spite of all the efforts in the U.S. to control health spending over the past 25 years, the story remains the same — the U.S. remains the most expensive because of the prices the U.S. pays for health services,” the study’s lead author, Bloomberg School’s Department of Health Policy and Management’s Gerard Anderson said.
To read more on JHSPH’s website, click here.