« Health care reform begins today. | Main | Obamacare Passes Its First Test. »

The Incidental Economist tries to explain in a ten-part series. The simple answer? The wealthier you are, the more you spend on health care (i.e. the U.S. is a very wealthy country). The more correct answer? It's multifactorial. You can start here, though:

No single factor explains the levels or rates of increase in health spending among industrialized countries. However, ability to pay, as measured by GDP per capita, has repeatedly been shown to be one of the most important factors. About 90 percent of the observed cross-national variation in health spending across the OECD countries in 2001 can be explained simply by GDP per capita.

And then go on from there. It's worth your time, indeed.

Name (required)
Email
Website
Remember personal info? Yes   No
Comments

home | music | democracy | earth | money | projects | about | contact

Site design by Matthew Fries | © 2003-23 Consilience Productions. All Rights Reserved.
Consilience Productions, Inc. is a 501(c)(3) non-profit organization.
All contributions are fully tax deductible.