Question

In a few sentences please explain the difference between US health care system and that of other countries. Please include examples. An example could be comparing the healthcare here in the USA to countries that have universal healthcare. Examples and detailed explanation needed

You can even compare cost as one of the examples, but I would appreciate a few different examples along with explanations to them.

Thank you

Answer 1

US globally ranks at 27th position, for healthcare system. USA have the “one of the best health care system in the world”, pointing to the freely available medical technology (than other some leading developed countries) and state-of-the-art facilities that have become so highly symbolic of the system. USA spends more on health care than any other country in the world, yet still suffers from massive uninsurance, uneven quality, and administrative waste. For eg. In USA approximately 18% are total population are uninsured.

The financing of USA health care centers around two streams of money: the collection of money for health care (money going in), and the reimbursement of health service providers for health care (money going out). In the United States, the responsibility for these two functions is shared by private insurance companies as well as the government, both of which are known in policy terms as “payers.” As such, the United States can be thought of as a “multi-payer” system.

Healthcare cost(ie. Cost of treatment) in USA is much higher than other country such as Germany, Australia, France, Canada, etc. Same service but higher cost of treatment in USA.

USA spends around 16.9% of GDP for healthcare while other countries like Germany, France, Canada, U.K spend less than 12 of their GDP.

The US spends more on administrative costs, but less on long term healthcare than other developed wealthy countries.

Hence, USA really needs to focus on efficiency and effectiveness of thier healthcare system.