Thursday, November 24, 2011

What's killing America? U.S. ranks 28th in life expectancy (lower than Chile and Greece)

A new survey on health care is revealing that you may not be getting what you pay for if you check into a U.S. hospital.

The U.S. healthcare system is more effective at delivering high costs than quality care than other developed nations, according to the study, conducted by the Organization for Economic Cooperation and Development, or OECD.

It found first-rate treatment for cancer but insufficient primary care for other ailments.

The study said Americans pay more than $7,900 per person for healthcare each year - far more than any other OECD country - but still die earlier than their peers in the industrialized world.

The cost of healthcare in the United States is 62 percent higher than that in Switzerland, which has a similar per capita income and also relies substantially on private health insurance.

Meanwhile, Americans receive comparatively little actual care, despite sky-high prices driven by expensive tests and procedures.

They also spend more tax money on healthcare than most other countries, the study showed. more