Pricele$$: The Failure of U.S. Healthcare Spending

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Source: BestNursingMasters.com Why Can’t Money Buy a Long Life? One of the few things our nation ranks first in is health care expenditure. Yet for all the money in the world it isn’t helping us live longer. Per Capita healthcare spending [3]

(In International $’s)

Lowest spender. Eritrea: $17

Lowest 20%: $20.15

Second 20%: $207

Middle 20%: $526.89

Fourth 20%: $1241.28

Highest 20%: $3845.15

Highest spender US: $8233

The US spends nearly double the average of the highest 20% spenders

And 16x what the bottom 80% spends. Yet the US is ranked 51st for life expectancy

99.99th percentile on healthcare spending =

79th percentile for life expectancy. …Doesn’t look like we’re getting a bang for our buck: Top 50 Countries by Life Expectancy [#rank/country/life expectancy]

1.)Monaco, 89.63

2.)Macau, 84.46

3.)Japan, 84.19

4.)Singapore, 84.07

5.) San Marino, 83.12

6.) Andorra, 82.58

7.) Guernsey, 82.32

8.) Switzerland, 82.28

9.) Hong Kong, 82.2

10.) Australia, 81.98

11.) Italy, 81.95

12.) Liechtenstein, 81.59

13.) Canada, 81.57

14.) Jersey, 81.57

15.) France, 81.56

16.) Spain, 81.37

17.) Sweden, 81.28



/> 18.) Israel, 81.1719.) Iceland, 81.1120.) Anguilla, 81.0921.) Netherlands, 81.0122.)Bermuda, 80.9323.) Cayman ISlands, 80.9124.) Isle of Man, 80.8725.) New Zealand, 80.8226.) Ireland, 80.4427.) Norway, 80.4428.) Germany, 80.3229.) Jordan, 80.330.) United Kingdom, 80.2931.)Greece, 80.1832.) Saint Pierre and Miguelon, 80.1333.) Austria, 80.0434.) Malta, 79.9835.) Faroe Islands, 79.9836.) Luxembourg, 79.8837.) European Union, 79.8638.) Belgium, 79.7839.) Taiwan, 79.7140.) Virgin Islands, 79.6141.) Finland, 79.5542.) Korea, South, 79.5543.) Turks and Caicos Islands, 79.4044.) Wallis and Futuna, 79.2745.) Puerto Rico, 79.0746.) Saint Helena, Ascension, and Tristan da Cunha, 79.0647.) Gibralter, 78.9848.) Denmark, 78.9449.) Portugal, 78.8550.) Guam, 78.6651.) United States, 78.62

Getting some perspective:

48.) Denmark, 78.94, $4,467

49.) Portugal, 78.85, $2,729

50.) Guam, 78.66, Unknown

51.) United States, 78.62, $8233

52.) Bahrain, 78.43, $937

53.) Chile, 78.27, $1,191

54.) Qatar, 78.24, $1,621

Compared to Britain, the U.S. has:

30% higher prevalence of lung cancer

60% higher chance of heart disease and stroke

100% higher chance of diabetes.

Across socio-economic lines.

The U.S. fares worse in:

infant mortality

low birth weight

injuries

homicides

teen pregnancy

sexually transmitted disease

HIV and AIDS

drug-related deaths

obesity and diabetes

heart disease

chronic lung disease

disability.

Than all of the other 17 most industrialized countries.

So what are we paying for?

New drugs do cost A LOT to create —

With only 1/10 medicines that are tested in human clinical trials succeeding. [13]

AstraZeneca/ 5/ $58.955 billion/ $11.790 billion

GlaxoSmithKline/ 10/ $81.708 billion/ $8.170 billion

Sanofi/8/ $63.274 billion/ $7.909 billion

Roche Holding AG/ 11/ $85.841 billion/ $7.803 billion

Pfizer/ 14/ $108.178 billion/ $7.727 billion

Johnson & Johnson/ 15/ $88.285 billion/ $5.885 billion

Eli Lilly & Co./ 11/ $50.347 billion/ $4.577 billion

Abbott Laboratories/ 8/ $35.970 billion/ $4.496 billion

Merck and Co Inc/16/$67.360 billion/ $4.209 billion

Bristol-Myers Squibb Co./11/$45.675 billion/ $4.152 billion

Novartis/ 21/ $83.646 billion/ $3.983 billion

Amgen/9/$33.229 billion/ $3.692

And hospital expenses…

Total hospital stay costs.

The U.S. Outpaces the second highest nation 3 fold:

(Average hospital stay cost)

U.S. $15,734

Germany $5,004

Chile $4,948

We’re spending a lot of money, so what’s wrong?

We’re missing out on the easy things.

The “Blue Zones”

Where people can live up to a decade longer, naturally.

Icaria, Greece[6]

Sardinia, Italy

Nicoya Peninsula, Costa Rica

7th Day Adventists in Loma Linda, Calif.

and Okinawa, Japan

Keys to Living a Decade Longer:

Move naturally:

gardening, walking around the house, walking while on the phone. Not marathons or working out a ton.

Have Purpose:

Know why you’re waking up in the morning.

Relax:

Whether that’s praying, napping, reading, or happy hour.

Eat Less:

Stop eating when you’re 80% full.

Eat Less Meat:

Beans are the cornerstone of many people who live past 100’s diet.

Drink in moderation:

Many blue zone inhabitants knock one or two back a day.

Have Faith:

Doesn’t matter which one, but attending 4 services a month is common for blue zone inhabitants.

Put family first:

Commit to one partner, keep aging family nearby.

Be social:

Build a social network that builds good habits.

Extending your life and enhancing quality of life isn’t always about what you can buy. It starts with habits that are sustainable and well-formed.

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