Radio Times

Where do our healthcare dollars go?

April 19, 2011

Hour 1

By now everyone knows that the United States spends more on healthcare than any other developed country in the world.¬† France comes in second but spends almost 40 percent less than we do. ¬†Roughly 18 percent of our gross national product goes to healthcare and that number continues to rise each year.¬† And if that isn’t enough, just consider that some experts are predicting that healthcare costs could rise at¬† about 8 percent per year for the foreseeable¬†future.¬†¬† But, for all this money, we aren‚Äôt any healthier than other folks.¬† While Americans are living longer, our life expectancy isn’t any higher than that of Britain and Japan.¬† So if we are spending more money and aren’t any healthier, the question remains: Where do all those healthcare dollars go and why can’t we control the costs?¬† Drexel University’s ROBERT FIELD is in the studio with Marty.

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