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Americans visit the doctor at half the rate of other developed countries, according to an analysis published by The Commonwealth Fund. But the U.S. also spends more on healthcare than any other country.
How is this possible? The cost of healthcare services is significantly higher.
For instance, cesarean-sections (C-sections) are among the most common inpatient procedures (includes extraction of products of conception, open approach) in the United States. According to Definitive Healthcare data, the average cost of a c-section was $5,305 in 2019. This cost does not include other fees associated with medical interventions, complications or an overnight hospital stay.
The United States has consistently higher procedure costs than other developed countries, according to a 2020 price report.
A 2017 report found that the average cost of a coronary artery bypass graft (CABG) surgery in the U.S. was $78,100. In comparison, the same procedure cost only $11,700 in the Netherlands. The U.S. also reported higher costs for outpatient procedures like MRI scans and colonoscopies.
A 2018 JAMA study suggests that three key factors contribute to inflated healthcare prices in the United States:
The JAMA study found that physician salaries in the U.S. were higher than those in other countries. In 2016, a general physician made an average salary of $218,173 per year. According to the study, average physician salaries ranged from $86,607 to $154,126 in other countries.
Together with rising administrative costs and drug prices, these three factors contributed most to higher healthcare prices in the United States.
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