The US and High Health Care Spendings:
A Comparative Case With OECD on the Three Prominent Factors
Keywords:
health care expenditure, health care spending, high spending factorsAbstract
Attaining state of good health and accessing to decent health care are desirable for human beings. The access to health care has been enshrined in several human rights declarations, notably the Article 12 of the International Covenant on Economic, Social and Cultural Rights. The Article recognises the right to health and role of governments to create and ensure universal coverage to healthcare. An indication of a good standard of health is measured through having equal care access at an affordable price. In reality, the health statistics from the Organization for Economic Cooperation and Development (OECD Health Statistics, 2018) indicated that the health expenditures in many developed countries are relatively high in comparison with their Gross Domestic Product (GDP). This paper starts out by attempting to find an explanation as to why the U.S. health care spending is high relative to its OECD counterparts. The review on existing literatures found that all OECD members have rising healthcare and the United States is indeed the highest of all.
Published
Issue
Section
Authors who publish with this journal agree to the following terms: RAIS Journal of Social Sciences is given by the author the right of the first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal. Authors retain copyright. If the author cites from his own article published in RAIS Journal of Social Sciences, then he is encouraged to cite the name of the RAIS Journal of Social Sciences, volume, and page. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access). This journal provides immediate open access to its content, in this way, we make research freely available to the public and support a greater global exchange of knowledge.
PRIVACY STATEMENT
The names and email addresses entered in this journal site will be used exclusively for the stated purposes of this journal and will not be made available for any other purpose or to any other party.