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Tuesday
Dec172013

Americans not getting bang for the buck with healthcare spending

A new report shows that spening more money on healthcare in the United States does not translate into longer life expectancy.

The analysis, published in the American Journal of Public Health, shows that Americans only gain less than two weeks of additional life expectancy for every extra $100 spent on healthcare. In Germany, however, the same amount of money gives its residents an extra four months.

Three-fourths of U.S. healthcare spending is earmarked for chronic problems and not preventive measures, which would help add time to lives.

Check out The Atlantic for more on the report.

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