U.S. Healthcare Spending Grows Faster Than Most Other Countries

U.S. healthcare spending is rising faster than that of most other industrialized countries and is still highest within a group of 34 countries in the Organization for Economic Cooperation and Development, according to a report by the Kaiser Family Foundation.

Spending per person in the United States grew by 60 percent from 2000-2008, almost double the average of all countries in OECD.

Six of the 34 countries in the OECD had equal or higher average annual growth rates over that period, but the United States remains the leader in healthcare spending. From 1980-2008, U.S. healthcare spending rose from 9 percent to 16 percent of GDP, compared with France, the next-highest healthcare spender, at 11.2 percent.

Read the Kaiser Family Foundation report on healthcare spending.

Related Articles on healthcare spending:
Hospital Costs Declining as Part of Total Cost of Care
Inflation in Health Benefits Highest Since 2004; Deductibles Reach $1,200
Private Insurers' Spending Rises Fastest for Hospitals

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