By Janki Shah and Ella Teplitsky

The High Cost Of Health Care in New York State

Background/Evidence• In 2008, the U.S. spent $2.4 trillion or 16%

of gross domestic product (GDP), on health care.

• This is approximately $6,500, per person, annually

• U.S. spending on health care is greater than any other industrialized nation.

• However, greater cost, doesn’t necessarily mean greater quality.

• Currently there are approximately 45 million uninsured Americans nationwide

Negative Effects for High Cost of Health Care

• About 1.5 million families lose their homes due to foreclosure high medical costs

• Uninsured put pressure on public resources because when these patients seek care in the ER and public clinics, taxpayers ultimately foot the bill.

• Uninsured are more likely to avoid routine preventative care.

Negative Effects for High Cost of Health Care

• Employers decrease wages due to the high costs of coverage for their employees.

• Families are burdened with high medical bills because the price of coverage (premium) increases

• Physician doctors earn 2-3 times as much as physicians in other industrialized countries

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Causes of the Societal Problem

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