Two charts that you need to look at simultaneously to understand:
— Americans spend more than foreigners on out of pocket health care
— Americans have a relatively low out of pocket *share* of health care spending
healthsystemtracker.org/indicator/acce
Conversation
One possible read is that this shows Americans are wildly overspending on health care, another possible read is that health care is a superior good and Americans spend a lot on it because we are rich.
What’s undeniable is that American *health outcomes* are surprisingly bad notwithstanding our affluence and high levels of spending on health care, and it’s worth putting more policy focus on the drivers of those bad outcomes.
STAT takes a look at six Senators who will be poised for influence in health care when Republicans take power in early January.
Well yeah if we ignore paying $1-2k a month in family premiums then it’s not that expensive. Why didn’t I think of that?
Out of pocket share of health care spending is such a cop-out considering it doesn't factor-in monthly premium nor does it address the actual cost of healthcare. But what do I know. I'm not an healthcare specialist studying biostatistics and epi in the context of PH or anything.
Interesting.
One thing I don’t understand is how murders (around 20k in 2023) have much to do with life expectancy when well over 3MM people die each year.
Averaging out of pocket expenses means nothing to an individual health consumer because of the arbitrary and capricious nature of the healthcare industries byzantine cartels!
averages mean nothing in this context. nothing.
What are these numbers? without monthly premiums, and I am assuming the average per capita is padded with people who don't even need to file a claim per year? I've spent more on one hospital ride than the 1,425 supposed average per year.
I can make an appointment for next week and see a doctor with my private insurance. If you tried that with universal healthcare, they'd laugh hysterically, and schedule you for over a year later. If you didn't die first, which is what they're hoping for.
Their taxes (which include HC) are higher than the difference between our taxes, insurance premiums and out of pocket HC expenses.
Are you purposely trying to deceive people? This is horrific bad “analysis”. Do you get paid to write crap this bad?
Your idiotic representation of this data is why nobody takes you seriously.
This is a purposely bad faith argument. You can't seriously think that just because the percentage is lower it means that american healthcare is cheaper, right?
Matthew, low out of pocket SHARE when healthcare costs are INSANELY inflated, still means Americans pay MORE. Some adults seriously need to go back to grade school and you should be the first in line.
Quick question, what about the massive amount we spend each month on health insurance, which hardly anyone accepts by us, and the cost of time spent arguing with insurers
Budgeting software like Lunch Money can help you find the leaks in your budget by automatically tracking and categorizing your transactions. Check out these top-rated budgeting apps to find out what you’re overspending on.
Wait we only spend $1.4k each, out of pocket, on average, per year? That's not bad. That's probably less than we spend on uber eats 
Do you have a financial interest in pushing this or do you just totally misunderstand how our system works?
So, Americans have not only some of the highest levels of total out-of-pocket expenditures, those extremely high out-of-pocket expenditures only make up a small fraction of their even higher total healthcare expenditures?
And all for worse outcomes. Thanks Matty
Hey, quick question: how many of those countries ALSO pay monthly fees for health insurance?
Hey man when someone pays their insurance premium every month does that come out of their pocket or out of some other place one keeps their money?
Japan pays 1/3 of what the US does yet their life expectancy is 2nd overall to our 48th overall. This isn’t a flex.
Our system is broken. These numbers don’t even include our premiums.
Americas system is fundamentally broken. How do we spend the most yet can’t crack the top 40.
ASCO's Medical Student Rotation program provides financial support for U.S. medical students from populations underrepresented in medicine. Learn about eligibility requirements and apply by Jan 27, 2025. #ASCO
That doesn't include premiums, right? Also... it doesn't count the health care we didn't get because we can't afford it.
America has higher median wealth and lower taxes. Part of this shows up in higher provider labor costs that are passed on to patients.
I recently met with a psychotherapist recommended to me and who had just begun providing services through an online platform. The platform could not provide details on billing due to my insurance policy. Turns out the copay is $20, but the platform charges $1,000 per meeting.
"if youll simply consult this handy chart youll see that actually youre wrong to think a better world is possible"
Works out nicely if you pretend $9,000 average in health insurance per year doesn't exist. You're not even trying, there.
It's such a useless distinction it raises the question why you chose to bring it up.
you forgot the chart where people from the uk spend 0 on healthcare a year.
With President Trump returning to the White House, his administration is already making waves with plans for a “Department of Government Efficiency” (DOGE), led by Elon Musk and Vivek Ramaswamy.
Join me as we unpack the policies shaping your wallet and America’s future.
Quote
♪ Raraらららら ♪NEXT: CUON @ 渋谷Club Malcom 12/13
@RaraSensei
Yesterday I had a pap and a mammogram and it cost me 2500yen (about $16).
If I were to get them at Kaiser (my last health insurance in the US), it would cost between $585 and $720.
And my monthly premiums for insurance are MUCH lower. How is the US system better? x.com/mattyglesias/s…
Show more
This is a really strange way to make whatever point you're trying to make. There's no point in sharing a stat without premiums. None. Unless it's just to sew further confusion on a subject that is as settled as global warming. Americans are getting ripped off on healthcare.
You’re working really hard to get Americans to keep bending over for continued abuse at the hand of insurance execs
GIF
Solidarity Healthshare believes that healthcare costs shouldn’t hurt your ability to take care of your family. Find a program that works for you!
The OOP “share” is lower for Americans because US healthcare expenditures are obscenely high.
Someone got a generous gift from their healthcare CEO friends this morning
Budgeting software like Lunch Money can help you find the leaks in your budget by automatically tracking and categorizing your transactions. Check out these top-rated budgeting apps to find out what you’re overspending on.
This would all be made irrelevant if there was some kind of ongoing cost that dwarfed out of pocket expenses and cost more than other countries
Big dawg, this is like saying owning a car isn't expensive because oil changes aren't that pricey. This is a ludicrous point to make. Hold yourself to a higher standard
Ah, so you own some health insurance stocks or something. Cool.
american really like to gaslight themselves in order to evading UHC, bro, other countries have UHC for every citizen, not just keynesian shits called medicare and medicaid
Angling to work at for your next gig? Liars often use ratios in place of absolute figures to obfuscate the real world impact to individuals.
Quote
forgotten dino
@dinodoodeTV
if an american goes to the doctor and gets billed $10,000 but has insurance that covers $6,000 of it, and a european goes to the doctor and gets billed $65 and doesn't have insurance, matt yglesias thinks that the american is getting the better deal x.com/mattyglesias/s…
We already pay taxes for this. The only difference is where that money is located. Only last year, $218 billion tax dollars went directly to the pockets of private insurance, then on top of that, you and your employer pay just to have denied your claims
paragoninstitute.org/newsletter/the….
Transforming American Cardio-Diagnostics
A Medical-Technology News Article by
Nasiff Associates, Inc.
huh if only there was some other sort of costs, maybe paid to the insurance company monthly, that better reflect the actual amount people are paying every year? wouldn't that be crazy?
Hi Matthew, Australian here - we don't think about spending money on healthcare much at all. Hope this helps clarify where your horrific country needs to get to :)
Germans pay $542 less out of pocket in return for $2,000 in higher taxes and the out of pocket cost is Germans have to pay private insurance if they want to see a doc when they get sick. Democrats: “let’s do that, but with DC school system quality and cost effectiveness.”
I am an example of this because 1) when I can I spend a ton out of pocket. Healthcare insurance doesn’t properly cover most of the care I prefer, like chiropractic or acupuncture. (I will *never* support single payer because of these exclusions). 2) multiple major surgeries.
Centrist neoliberals are convinced if they can just find the right graph, they can talk people out of believing they're poor or suffering
No they don't you fucking charlatan. Americans spend MORE on out of pocket healthcare expenses than other countries, they just spend a smaller *share* of their healthcare spending on out of pocket expenses because the insurance cost is so high.
We spend the most in healthcare in the world and still always rank among the worse medical systems
ajmc.com/view/us-health
hbr.org/2024/11/why-th
hsph.harvard.edu/news/peoples-v