Vox December 17, 2019
America’s health care prices problem, in four charts.
It’s one thing to understand in the abstract that America has the highest health care prices in the world. It’s quite another thing to see the price of services, from C-sections to MRIs, compared to other health care systems.
The Health Care Cost Institute put out a new report Tuesday showing how the prices paid for medical services by private insurance in the United States stack up against prices in other countries. As expected, American prices are collectively higher than the rest.
But four charts, based on the report, show just how thoroughly the United States is outspending other countries for almost every medical service or prescription drug.
First, for medical services,...