Why does the US spend so much more on health care than other countries?

If we break down the numbers, it turns out that medical costs--rather than pharmacy cost--are the key drivers of differences in health care spending per capita. This is the findings from Kaiser Family Foundation (KFF) study comparing US spending against an average from 9 other countries rich countries (i.e., Austria, Belgium, Canada, France, Germany, the Netherlands, Sweden, Switzerland and the United Kingdom).

While the US spends $513 (+58%) more on drug and medical goods, spending on inpatient and outpatient services are $3906 (+144%) higher in the US compared to the average of these 9 countries.

Hat tip: Adam Fein.