Question

QUESTION 2 How does healthcare spending in the US compare to that of other OECD countries? The US has always ranked first in quality and expertise since the 1930s US spending on healthcare is comparable to that of other OECD countries Other OECD countries spend twice as much as the US on health care US health care expenses are twice as costly as the average of other OECD countries

Answer 1

Answer is US healthcare expenses are twice as costly as the average of other OECD countries.

As per GDP (gross domestic product) data, healthcare spending across the OECD averaged about 8.8 percent of GDP annually. Healthcare spending in the U.S is 16.9 percent of GDP. It is costlier than OECD countries.