February 19, 2006

This Weekend’s Unanswered Question 3 (021906): On Health Care Spending and Survival Rates

Filed under: Economy, TWUQs, Taxes & Government — TBlumer @ 11:23 am

QUESTION 3: Is the United States’ higher level of spending on health care as a percentage of Gross Domestic Product worth it?

I have to apologize for not remembering where I came across the table below, and I recognize one of the key numbers isn’t there for the US, and that it’s a bit dated. Nevertheless, it presents interesting data on survival rates for a couple of common diseases in the US vs. elsewhere:

HealthSurvival

So is it worth it? I personally tend to favor higher survival rates, and am willing to be in a system that costs a bit more if that will be the result. How about you?

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