Healthcare is Not An Industry

November 12, 2017 Joe Brady

The United States currently has the most expensive health care system in the world. Different studies rank healthcare systems differently so results vary but anyway you look at it the U.S. always ranks poorly and never in the top ten despite the fact that we spend way more money. Here are the top seven health care systems in the world according to a London-based research institute released its 10th annual global Prosperity Index in November, a huge survey that ranks the most prosperous countries in the world. These rankings compare 104 variables to come up with its list, splitting those variables into nine subindexes. One of the big components of this ranking is how healthy a country’s people are.

Luxembourg — Nestled between Belgium, France, and Germany, the wealthy nation of Luxembourg tops the Legatum Institute’s health sub-index. The country’s average life expectancy is 82.

Singapore — Another small city-state to make the top of the Prosperity Index’s health sub-index. Singapore’s 5.6 million citizens have an average life expectancy of 83.1 years old.

Switzerland — Rich, beautiful, and incredibly healthy. Switzerland has pretty much all anyone could want from a country. Its healthcare service is universal and is based upon the mandatory holding of health insurance by all citizens.

Japan — The country’s life expectancy — 83.7 — is the highest on the planet. That has caused demographic issues in the country, with its population aging rapidly.

Netherlands — In 2015 the Netherlands gained the number one spot at the top of the annual Euro health consumer index, which compares healthcare systems in Europe, scoring 916 of a maximum 1,000 points

Sweden — As with most quality of life and health rankings, northern European countries like Sweden score highly. Swedish men have the 4th highest life expectancy of any nation, living to an average of 80.7 years.

Hong Kong — The tiny city-state of Hong Kong has 11 private and 42 public hospitals to serve its population of just over 7.2 million people. In 2012, women in Hong Kong had the longest average life expectancy of any demographic on earth. Read More

To see why we have the most expensive health care system with less than mediocre results watch this great video that outlines the reasons in humorous yet dramatic fashion.

Watch the Video