Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

The average cost of healthcare in 21 different countries

Published by Business Insider on Thu, 07 Mar 2019


The United States spends the most money per person on healthcare.Twenty-one countries spent more than $3,000 on healthcare per capita in 2017, according to data from OECD.Despite spending more money than any other country on healthcare costs, health outcomes aren't any better in the US.Americans pay a lot for healthcare.Depending on where they live, typical workers shelled out between $4,500 and $8,300 for healthcare in 2017. But the US government pays even more.According to data from OECD, the US spent $10,209 on healthcare per capita, or per person, in 2017. That's more than any other country in OECD's 36-country consortium, and over $2,000 more than Switzerland, the second-highest spending country.In a review published in March 2018in the Journal of the American Medical Association, researchers found that the US spent about twice as much on healthcare as other high-income countries, Business Insider's Lydia Ramsey reported. And yet, higher spending didn't translate to better outcomes, nor is healthcare used more frequently in the US, she wrote."The researchers found that what's different, as far as US healthcare spending goes, is what the country spends on labor, goods like prescription drugs, and administrative costs," Ramsey wrote.Related: A retirement account can reduce your tax bill, but the type you decide to use determines whenThe OECD data measured total healthcare costs for 36 countries, which consists of the cost of healthcare goods and services, personal healthcare, and collective services, including administration fees. Below is a list of the countries that spent more than $3,000 on healthcare per capita in 2017:1. United States$10,2092. Switzerland$8,0093. Luxembourg$6,4754. Norway$6,3515. Germany$5,7286. Sweden$5,5117. Ireland$5,4498. Austria$5,4409. Netherlands$5,38610. Denmark$5,18311. France$4,90212. Canada$4,82613. Belgium$4,77414. Japan$4,71715. Iceland$4,58116. Australia$4,54317. United Kingdom$4,24618. Finland$4,17319. New Zealand$3,68320. Italy$3,54221. Spain$3,371SEE ALSO:Meet the 10 richest billionaires in healthcare, whose ranks include a doctor and heirs to pharmaceutical empiresDON'T MISS:How much your healthcare costs in all 50 statesJoin the conversation about this storyNOW WATCH: The wives of high-level cocaine traffickers reveal how their husbands took down 'El Chapo
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs