In 2007, the U.S. spent $2.26 trillion on health care, or $7,439 per person, up from $2.1 trillion, or $7,026 per capita, the previous year.[33] Spending in 2006 represented 16% of GDP, an increase of 6.7% over 2004 spending. Growth in spending is projected to average 6.7% annually over the period 2007 through 2017.
Here is the BIG difference and you MUST PAY CAREFUL ATTENTION: In America, Americans CHOOSE to spend on healthcare. That is to say that they CHOOSE to buy insurance or NOT to buy insurance. They CHOOSE to seek medical attention or NOT to get medical attention. They CHOOSE more expensive brand-name medicines or NOT to. These choices COST money. I guess you can say that it is part of the COST OF FREEDOM in America. In other countries they don’t get that choice. They don’t get immediate medical attention ALL the time. They don’t have the CHOICE of state-of-the-art medical treatment. As a result, their GOVERNMENT is able to control costs. They also limit treatment possibilities. It is true that most developed countries have very comparable life-expectancies. That is to say that you will live a long life in a country with socialized-medicine, however, often times you will wish you were dead. You will have LONG wait-times, inferior drugs with poor side-effect profiles and will have very little ability to redress grievances. In America we have placed at least an equal emphasis on Quality-of-Life as Quantity-of-Life (this also costs money)…. The same can NOT be said of countries who have embraced socialized medicine.
What you want and what countries with socialized medicine have is similar to this analogy.
In America, many people have made the choice to buy HD TV. It’s available and it is FAR SUPERIOR to the old TV’s. However, some people in America can’t afford an HD TV or maybe not a TV at all. So the government steps in and forces everyone to have ONLY an OLD TV. So now what we have is NOT the BEST AVAILABLE, TV, but it’s pretty good. Plus NOW everyone can have a TV…. Even if it’s NOT the best. That's socialized medicine in a nutshell.