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The United States has no national health coverage system and its health system is the size of Germany, according to a new report from a New York University researcher.
“The United States’ current, inefficient national health care system is unsustainable, especially if we want to reduce our nation’s total health care expenditures,” write researchers from NYU’s Steinhardt School of Culture, Education, and Human Development.
“In contrast, our country is far better off economically than many other advanced countries in its health care system and is better positioned in most health indicators across health care, socioeconomic status, and quality of life. However, if we want our nation to do well economically, our health care system must improve as well,” said the researchers, lead-artists and producers of a study, “The United States’ Affordable Healthcare: An Economic Case for a Health Care System Like Germany’s.”
The study found that the United States’ poor health care system, and that of many other developed nations, is a major contributor to the nation’s slow economic growth and an inefficient system, even though the United States’ health expenditures are still well below those in Germany and France.
“American patients suffer from the highest prices of any country in the industrialized world and the highest premiums for the least efficient policies,” said study author Peter A. Clavel-Chapelon, director of NYU’s Health Economist Program. “As a result, we spend far more on health care at all levels of US health care compared to any other developed nations.”
While the United States spends significantly more on health care than other nations, it is also significantly less efficient. “The United States spends more than 17 percent of its gross domestic product on health care but manages to spend about 20 percent of that less efficiently than other countries,” said Clavel-Chapelon.
The authors found that U.S. consumers spend more than any other developed country, but only about 12 percent actually get proper care.
Meanwhile, the United States is less effective at diagnosing disease
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