News

U.S. Insurance Spending Tops OECD


 

In 2009, the United States spent $532 per person on health insurance administration, nearly double the next-highest country in the Organisation for Economic Co-operation and Development, according to OECD data.

France was second, at $271 per person (as expressed in terms of purchasing power parity), among the 34 countries in the OECD. The country with the lowest per capita cost in 2009 was Italy at $16.4.

Data from the OECD’s Health Data 2011 database show that 7.0% of national health expenditures in both the United States and France went to insurance administration. The only countries that were higher in 2009 were Mexico at 11.3% and New Zealand at 7.2%. Italy was again the lowest, with 0.5% of national health expenditures going to insurance administration; Norway was the second lowest at 0.8%.

Note: Based on data from the Health Data 2011 database. Figures for Japan and Australia are from 2008.

Source: Organisation for Economic Co-operation and Development

Recommended Reading

FDA Issues Draft on Opioid Prescribing Education Program
MDedge Family Medicine
Integrated FP, Psychology Residencies Enhance Primary Care
MDedge Family Medicine
Study Suggests Cardiologists Order More Images When Paid
MDedge Family Medicine
USPTF Urges Counseling Against Sun Exposure
MDedge Family Medicine
Traditional Mental Health Care Models Can Limit Innovation
MDedge Family Medicine
Supreme Court Takes Up Health Reform
MDedge Family Medicine
Report: Oncology Drugs Hit Hardest by Shortages
MDedge Family Medicine
IOM: Safety Improvements Needed in Heath IT
MDedge Family Medicine
Half of Older Cancer Patients Have Unrecognized Medical Problems
MDedge Family Medicine
AMA Body to Mount Private Medicare Contracting Campaign
MDedge Family Medicine