Over the past decade, increases in American health care spending have far outpaced increases in inflation and income, placing tremendous strain on employers, families and the overall economy. Total spending on health care in the United States is $2.6 trillion a year, or 17.9 percent of the total economy. Yet Americans still lag behind most industrialized countries when it comes to key health outcomes such as life expectancy and infant mortality. The main problem? We need to focus on providing better value by moving health care toward higher quality at a lower cost.
America Is Not Getting Good Value for Its Health Dollar
The United States spends more money per person on health than any other country, but our lives are shorter—by nearly four years—than expected based on health expenditures.