America Spends More on Health — But Is It Paying Off?

What's Hot

2 Types of Black Marks Might Vanish From Your Credit File SoonBorrow

6 Ways the Obamacare Overhaul Might Impact Your WalletInsurance

7 Dumb and Costly Moves Homebuyers MakeBorrow

This Free Software Brings Old Laptops Back to LifeMore

Obamacare Replacement Plan Gets ‘F’ Rating from Consumer ReportsFamily

Beware These 12 Common Money MistakesCredit & Debt

21 Restaurants Offering Free Food Right NowSaving Money

17 Ways to Have More Fun for Less MoneySave

House Hunters: Beware of These 6 Mortgage MistakesBorrow

30 Household Uses for Baby OilSave

25 Ways to Spend Less on FoodMore

Nearly Half of Heart-Related Deaths Linked to These 10 Foods and IngredientsFamily

5 Surprising Benefits of Exercising Outdoors in WinterFamily

10 Ways to Save When You’re Making Minimum WageSave

Boost Your Credit Score Fast With These 7 MovesCredit & Debt

7 Painless Ways to Pay Off Your Mortgage Years EarlierBorrow

The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

The True Cost of Bad CreditCredit & Debt

10 Companies With the Best 401(k) PlansGrow

This Scam Now Tops ID Theft as the No. 2 Consumer ComplaintFamily

6 Stores With Awesome Reward ProgramsFamily

6 Ways to Save More at Lowe’s and The Home DepotSave

6 Healthful Treats for Your DogFamily

New Study Ranks the Best States in the U.S.Family

Thousands of Millionaires Moving to 1 Country — and Leaving AnotherGrow

Strapped for College Costs? How to Get the Most From FAFSABorrow

6 Overlooked Ways to Save at Chick-fil-AFamily

Ask Stacy: What’s the Fastest Way to Pay Off My Mortgage?Borrow

Where to Sell Your Stuff for Top DollarAround The House

8 Ways to Get a Good Price on a Shiny New AutoCars

Ask Stacy: How Do I Start Over?Credit & Debt

Secret Cell Plans: Savings Verizon, AT&T, T-Mobile and Sprint Don’t Want You to Know AboutFamily

30 Awesome Things to Do in RetirementCollege

14 Super Smart Ways to Save on TravelSave

The Rich Prefer Modest Cars — Should You Join Them?Cars

You’ll Soon Pay More to Shop at CostcoSave

10 Ways to Save When Your Teen Starts DrivingFamily

The U.S. spends more on health than other advanced nations, yet Americans aren't living as long as those other countries' citizens. Experts suggest reasons why.

The U.S. spends more on health than other advanced nations, yet Americans aren’t living as long as those other countries’ citizens.

That’s among the findings of the latest annual “Health at a Glance” report from the Organisation for Economic Co-operation and Development (OECD), which was released this week.

The OECD is made up of 34 nations — including the world’s most advanced countries as well as some developing countries — and seeks to improve economic and social well-being worldwide.

According to the report, as of 2013, health expenditures in the United States amounted to a 16.4 percent share of the nation’s gross domestic product (GDP), which is a key measure of a country’s economy. That’s more than any other country in the OECD.

The U.S. is followed by the Netherlands and Switzerland, where health expenditures amount to 11.1 percent of each country’s GDP in 2013. The average for all 34 OECD countries in 2013 was 8.9 percent.

The 10 countries that spend the most on health relative to GDP are:

  1. United States
  2. Netherlands
  3. Switzerland
  4. Sweden
  5. Germany
  6. France
  7. Denmark
  8. Japan
  9. Belgium
  10. Canada

At the same time, while life expectancy has increased in the U.S., it has increased at a slower rate than in many other OECD countries, the report states:

So there is now a gap of almost two years between life expectancy at birth in the United States compared with the average in OECD countries. … In 1970, life expectancy in the United States was one year above the OECD average.

The report attributes this longevity gap partly to the fragmented nature of the U.S. health care system, in which relatively few resources are devoted to public health and primary care.

Risk factors like poorer health-related behaviors are also a factor in the longevity gap, according to the report. Such risk factors include increasing alcohol consumption and high obesity rates.

Are you surprised by this news about U.S. health spending and life expectancy? Let us know what you think below or on Facebook.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!


Read Next: 10 Tips to Maximize Your High-Deductible Health Plan

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 2,001 more deals!