High cost of healthcare does not increase life expectancy
Healthcare in America is more expensive than in any other wealthy country. In 2016, the average American spent $4,571 on their health – five times more than the average out-of-pocket spending of other countries in the Organisation for Economic Cooperation and Development (OECD).
Total health spending last year, including private out-of-pocket and government spending, was $8,985 per person in the US while the OECD average was just $3,633. Yet life expectancy of the average American is 78.8 years, putting the US a fraction ahead of the Czech Republic, where out-of-pocket spending was $236 last year.