January 22, 2016

THE ALTERNATIVE TO UNIVERSAL HSAs:

Could Universal Health Care Save U.S. Taxpayers Money? : Despite popular perceptions, countries with universal health coverage spend less. (Kimberly Leonard Jan. 22, 2016, US News)

Opponents of universal health care have long argued that such a system in the U.S. would increase costs to taxpayers, but it seems the current system is already doing that.

A paper released Thursday in the American Journal of Public Health found that in 2013 taxpayers funded 64.3 percent of health care, which is more public dollars per person than people pay in many other nations, including Canada, the United Kingdom and Sweden. The figure marks a 4.5 percent increase since 1999, when taxpayer dollars made up 59.8 percent of total heath care spending. 

Here are some key findings from the report:

1. We're spending a lot total, and per person.

Government spending on health care in 2013 totaled $1.9 trillion, or $5,960 per capita. When including private spending on health care, total spending was $9,267 per person. Sweden was the only country that's private and public spending, taken together, exceeded the U.S.

Here's how the U.S. compares to other countries. 



At 11.2 percent, tax-funded health spending in the U.S. also accounted for a larger share of gross domestic product than total health expenditure of other nations.

Posted by at January 22, 2016 4:23 PM

  

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