Economic Cooperation And Development ( Oecd )

939 WordsMay 10, 20164 Pages
Since 1960 The Organization for Economic Cooperation and Development (OECD) has been gathering information and analyzing multiple healthcare systems that belong or are associated with the organization. There are 34 countries that belong to the organization and multiple other countries that closely collaborate with OECD. The OECD gathers statistics, tracks and compares results across countries to develop better public policies, assess areas of improvement and set standards for every country to follow. According to the statistics, the United States is leading over other countries in areas of research, innovations and technology. However, the spending per capital and also percentage of gross domestic product (GDP) on healthcare in the US towers over other industrialized countries. “The U.S. spent 16 percent of its GDP on health care. This proportion was nearly double the OECD median (8.7%) and over 40 percent more than the country spending the second-largest share of GDP “(D. Squires, 2011). According to the report, The U.S. spending per capital in 2008 was the highest among other OECD countries, reaching over $7, 500, which is over twice as much as median for other OCED members (D. Squires, 2011). Moreover, the performance of U.S is far behind many even less industrialized countries in many indicators, like mortality rate, hospital admition rates, and infant survival rates. “A 2010 cross-national study conducted by The Commonwealth Fund ranked the U.S. sixth of seven
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