Healthcare Spending Per Country [OC]

    by forensiceconomics

    3 Comments

    1. forensiceconomics on

      We used Data from [OECD](https://data.oecd.org/chart/7bhC) to create a chart on health spending.

      We have spending on the left axis and spending as % of GDP on the right axis.

      We used GGplot in R to create the chart.

      According to OECD: Health spending measures the final consumption of health care goods and services (i.e. current health expenditure) including personal health care (curative care, rehabilitative care, long-term care, ancillary services and medical goods) and collective services (prevention and public health services as well as health administration), but excluding spending on investments. Health care is financed through a mix of financing arrangements including government spending and compulsory health insurance (“Government/compulsory”) as well as voluntary health insurance and private funds such as households’ out-of-pocket payments, NGOs and private corporations (“Voluntary”). This indicator is presented as a total and by type of financing (“Government/compulsory”, “Voluntary”, “Out-of-pocket”) and is measured as a share of GDP, as a share of total health spending and in USD per capita (using economy-wide PPPs).

      We are excited to hear your feedback.

      We look forward to hearing your feedback.

    2. Amazing what for-profit healthcare working hand-in-glove with insurance companies can do to jack up the financials in the USA…

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