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The US has a population of 300 million people. This works out to just $300 per person per quarter (or $1,200 annually). Given almost 20% of the population is
by takinola 3y ago
The US has a population of 300 million people. This works out to just $300 per person per quarter (or $1,200 annually). Given almost 20% of the population is over 65 (old people really put up the healthcare cost numbers) and the sophistication of our healthcare system (we have the tech to keep you alive or prolong your life despite pretty hairy stuff happening to you), it is not a very surprising number. The real question is how to afford it all.
- drozycki 3y agoAren't you conflating UnitedHealthcare with the US healthcare industry? Your point still stands, just off by under an order of magnitude.
- takinola 3y agoYes, you are correct. UHC has 15% of the insurance market so my numbers are (roughly) off by an order of magnitude.
- FredPret 3y agoPoint well taken. Anything US-wide adds up to a lot of money
- vidarh 3y agoConsider that you also pay for Medicare and Medicaid, which combined costs as much per capita (not per user) as the UK NHS. US healthcare is extraordinarily expensive.