you are viewing a single comment's thread
view the rest of the comments
[–] [S] 35 points 2 years ago* (5 children)

Expenditure on health gives a measure of the final consumption of health goods and services (i.e. current health expenditure). This includes spending by all types of financing arrangements (such as government-based programmes, social insurance and out-of-pocket spending) on medical services and goods, population health and prevention programmes, as well as administration of the health system.

OECD, Health at a Glance 2021

  • source
  • parent
  • hideshow 5 child comments
  • [–] 1 point 2 years ago

    So if I pay $10k per year for insurance and the insurance company spends $5k on fixing me then the total is $15k?

    If so then doesn't this paint ls USA in a worse light than it deserves since universally funded countries would only count $5k in this graph.

  • source
  • parent