Wednesday, June 25, 2014

The U.S. Has The Most Expensive And Least Effective Health Care In The Developed World | ThinkProgress

For the fifth time in a row, the United States has been ranked last in a prominent think tank’s review of industrialized nation’s health care systems. Compared to other wealthy countries like Germany, France, Switzerland, and Australia, the U.S. lags far behind when it comes to ensuring health care access, efficiency, and equity:

Among the nations included in the Commonwealth Fund’s survey, the highest percentage of U.S. residents skip out on the medical care they need because they can’t afford it. Thirty-seven percent of Americans said they didn’t fill a prescription, visit a doctor, or seek out recommended medical care because they were worried about the cost; on the other end of the spectrum, just four percent of United Kingdom residents reported skimping on that care for the same concerns. That’s largely because the United States is the only country on the list that doesn’t offer universal health care, leaving a proportion of its population uninsured and unable to pay for medical services out of pocket.

The new report falls in line with previous research that has found Americans pay much more for their health care than the residents in other wealthy nations, even though those high price tags don’t necessarily correlate to better care. And the authors note that while other industrialized nations have enacted policy reforms to nudge their health systems in the right direction, the United States hasn’t significantly improved in these areas over the past decade.

However, the data that contributes to Commonwealth Fund’s survey was collected before Obamacare officially took effect. The authors point out that the “historic legislation” represents an “important first step” to fixing some of the United States’ persistent issues with high costs and lack of access to insurance. The health reform law hopes to expand insurance coverage to millions of Americans who have been locked out of the health care system, and that could finally improve the U.S.’s rankings in areas like access and equity.

Complete story at - The U.S. Has The Most Expensive And Least Effective Health Care In The Developed World | ThinkProgress

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