American Consequences - September 2018

AND WHERE DOWE GO NOW?

half of U.S. expenditures. The next-highest percent of health care spending is Switzerland and France, and the U.S. is still 50% higher. Are we getting twice the value as other countries? Apparently not, as the U.S. ranked 31st in life expectancy by the World Health Organization, just below Costa Rica, whose

per-capita GDP is just 30% of ours. And the French live three years longer than the average American, so pass the escargots and Cotes Du Rhone, but hold the excessive stent implants, please. In business school nearly three decades ago, I took a class in health care economics. The

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American Consequences 21

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