Final answer:
In 2014, about 17% of the U.S. GDP was spent on health care, which is higher than the average 11% in other developed countries, despite resulting in worse health outcomes.
Step-by-step explanation:
In 2014, approximately 17% of the United States GDP was devoted to health care expenditures. This is a significant proportion compared to other developed countries, which on average spent about 11% of GDP on health care according to data from similar time periods.
The high spending in the U.S. on health care is notable not only for its sheer size but also because it correlates with poorer outcomes, such as higher infant mortality rates and shorter life expectancy when compared with other developed nations.
In 2014, approximately 17% of the United States GDP was devoted to health care expenditures.
The United States spends more on health care compared to other countries but has worse outcomes. The infant mortality rate is higher and life expectancy is shorter in the United States despite the high spending.
Health care costs continue to rise, and by 2027, health care spending is projected to grow at a rate of 5.5% annually.