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Why does the United States spend so much more on health care?

The United States spends almost twice as much on health care, as a percentage of its economy, as other advanced industrialized countries — totaling $3.3 trillion, or 17.9 percent of gross domestic product in 2016.

But a few decades ago American health care spending was much closer to that of peer nations.

What happened?

This piece by the New York Times provides an in-depth look at why health care costs in the United States has risen out of pace with the rest of the world. Spoiler alert: We aren’t using more health care, and our health care isn’t actually better. We’re also not getting more intense care than the rest of the world.

Full Article: Why the U.S. Spends So Much More Than Other Nations on Health Care – The New York Times

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