The United States spends more on health care than any other developed country, yet many of its health outcomes are considerably worse.
In 2018, the U.S. spent an average of $10,586 per person on health care, the highest per capita cost among members of the Organisation for Economic Co-operation & Development and double the average cost for OECD members.
Despite higher health care spending, “America’s health outcomes are not any better than those in other developed countries,” notes the Peter G. Peterson Foundation. “The U.S. actually performs worse in some common health metrics like life expectancy, infant mortality, and unmanaged diabetes.”
The foundation, which studies challenges to the nation’s long-term financial stability, was founded by Peter G. Peterson, commerce secretary under President Richard M. Nixon and a financier and philanthropist.