Here’s some statistics for you to chew on:
- Currently, health care costs account for approximately 20 percent of our GDP. It is estimated that by 2025 that number will increase to 25 percent. By 2040, it will be 34 percent.
- By 2040, the number of uninsured will jump from 42 million today to 76 million.
- From 1996 to 2006, the cost of health care in this country has doubled.
- Today there are more than 1,300 insurance companies operating in the US.
- A recent study found that insured families are paying a “hidden tax of more than $1,000” a year to help cover the cost of treating the uninsured.
These are stark figures and they only begin to paint a picture of just how much trouble we’re in with our current health care system.
Among the industrialized world, patients in the US pay more for their health care than any other. Among the industrialized world, the US is home to more uninsured than any other. And, according to studies conducted by the Organization for Economic Cooperation and Development and the Commonwealth Fund, not only do we pay more for health care than any other first world country, but that high cost doesn’t necessarily translate to better care.