Health Care Expenditure Slowed in US

Share this content:
Health Care Expenditure Slowed in US
Health Care Expenditure Slowed in US

(HealthDay News) -- The growth in U.S. health care expenditure has slowed in recent years, coming some way toward closing the gap with other countries of the Organisation for Economic Co-operation and Development (OECD), according to an article in the health of Americans series published online in The Lancet.

Noting that health care expenditure growth has slowed dramatically in the United States in recent years, Luca Lorenzoni, from the OECD in Paris, and colleagues reviewed expenditure trends and key policies in the United States and five other high-spending OECD countries since 2000.

RELATED: Latest News

The authors noted that much of the difference between the United States and other high-spending counties can be explained by higher health-sector prices, and that price dynamics are mainly responsible for the expenditure growth slowdown.

Expenditure growth was similar in the United States and in other counties, although other countries did not face the same challenges in health coverage and could draw from a broader set of policies to control expenditure.

Some of the factors responsible for the slowdown in health care expenditure included increasing rate of generic drug use, a shift from inpatient to outpatient hospital care, and price control measures.

"Tightening Medicare and Medicaid price controls on plans and providers, and leveraging the scale of the public programs to increase efficiency in financing and care delivery, might prevent a future economic recovery from offsetting the slowdown in health sector prices and expenditure growth," the researchers wrote.

Reference

  1. Lorenzoni L, Belloni A, Sassi F. Health-care expenditure and health policy in the USA versus other high-spending OECD countries. Lancet. 2014;doi:10.1016/S0140-6736(14)60571-7.

Related Resources

You must be a registered member of Cancer Therapy Advisor to post a comment.

Sign Up for Free e-newsletters



Regimen and Drug Listings

GET FULL LISTINGS OF TREATMENT Regimens and Drug INFORMATION

Bone Cancer Regimens Drugs
Brain Cancer Regimens Drugs
Breast Cancer Regimens Drugs
Endocrine Cancer Regimens Drugs
Gastrointestinal Cancer Regimens Drugs
Gynecologic Cancer Regimens Drugs
Head and Neck Cancer Regimens Drugs
Hematologic Cancer Regimens Drugs
Lung Cancer Regimens Drugs
Other Cancers Regimens
Prostate Cancer Regimens Drugs
Rare Cancers Regimens
Renal Cell Carcinoma Regimens Drugs
Skin Cancer Regimens Drugs
Urologic Cancers Regimens Drugs