Sunday, January 11, 2009

Health costs around the world


























Here is a very interesting graph. Countries above and to the left of the line have lower per capita health care expenditures compared to average longevity. It looks like, from the line, that there seems to be a point where the gain from more money spent on health starts to produce smaller marginal to diminishing returns in life expectancy. You will notice that the United States us WAY below the line with the highest per capita expenditures and an estimated longevity of, well.... Cuba (who spends about 1/40 of what we spend) This, of course, assumes that the goal of healthcare spending is to produce longevity.

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