this post was submitted on 21 Oct 2023
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Life Expectancy vs. Health Expenditure per Capita (climatejustice.social)
submitted 11 months ago by Masimatutu@lemm.ee to c/dataisbeautiful@lemmy.ml
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[–] Masimatutu@lemm.ee 35 points 11 months ago* (last edited 11 months ago) (3 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

[–] sqgl@beehaw.org 1 points 11 months 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.