U.S. Healthcare In Crisis?

Currently in the United States, we spend about $1.9 trillion annually on healthcare (including physician fees, insurance fees, treatment and procedural fees etc). If this seems like a lot, that’s because it is. This conservative estimate roughly equates to spending $5,670 per person, per year. As one of the worlds most industrialized nations, we spend more on healthcare than any other country. Switzerland, for example has the second highest annual healthcare expenditure rate at $3,446 per person; $2,224 less than the United States. Considering these facts one might naturally expect that Americans are receiving higher quality healthcare for their dollar. But, is this the reality?

Click here to continue