The USA is famous for having the most expensive healthcare services. Average health consumption per capita is nearly $11,000 which is double of what other countries spend. USA spend nearly 18% of its GDP in health care whereas other countries such as Sweden, France, the U.K, Germany spend nearly 11%.
What does the Average Medical and Healthcare cost in the USA? The average health consumption per person per year is nearly $11,000, making the USA the most expensive place to have healthcare treatment. In the second position is Switzerland who’s average health consumption per year is nearly $8,000.
In the USA, drugs are more expensive than other countries; doctors get paid more than other countries; medical services such as simple diagnosis cost twice as much as other countries.
Comparison Of Medical Cost in the USA
Here’s a comparison of medical cost in the USA with other wealthy countries
Humira – A common medicine for arthritis, and inflammatory bowel disorders.
- USA – $2,660
- UK – $1,360
- Spain – $1,250
- Switzerland – $820
Harvoni – A treatment for hepatitis C
- USA – $32,110
- UK – $22,550
- Spain – $18,160
- Switzerland – $16,860
Avastin – A cancer drug
- USA – $3,930
- Switzerland – $1,750
- Spain – $1,530
- UK – $470
MRI
- USA – $1110
- UK – $780
- Switzerland – $500
- Australia – $210
Cost of a day in the hospital
- USA – $5220
- Switzerland – $4780
- Australia – $760
- Spain – $420
Appendix removal
- USA – $15,930
- Switzerland – $6,000
- Australia – $3800
- Spain – $2000
A normal delivery
- USA – $10,800
- Switzerland – $7750
- Australia – $5310
- Spain – $1950
A C-section
- USA – $16,100
- Switzerland – $9960
- Australia – $7900
- Spain – $2350
Cataract surgery
- USA – $3530
- UK – $3140
- Switzerland – $2110
- Spain – $1710
Bypass surgery
- USA – $78,310
- Switzerland – $34,220
- UK – $24,000
- Spain – $14,500
Knee replacement
- USA – $28,180
- Switzerland – $20,130
- UK – $18,450
- Spain – $6680
What is the Cost of Common Medical Procedures in the USA?
| Treatment | Avg. Cost |
| Heart Valve Replacement | $170,000 |
| Heart Bypass | $123,000 |
| Spinal Fusion | $110,000 |
| Hip Replacement | $40,364 |
| Knee Replacement | $35,000 |
| Angioplasty | $28,200 |
| Hip Resurfacing | $28,000 |
| Gastric Bypass | $25,000 |
| Cornea (per eye) | $17,500 |
| Gastric Sleeve | $16,500 |
| Hysterectomy | $15,400 |
| Lap Band | $14,000 |
| IVF Treatment | $12,400 |
| Rhinoplasty | $6,500 |
| Liposuction | $5,500 |
| Lasik (both eyes) | $4,000 |
| Dental Implant | $2,500 |
What is the Health Consumption Expenditure Per Capita for Top Countries?
- United States – $10,200+
- Switzerland – $8,000+
- Germany – $5,700+
- Sweden – $5,500+
- Austria – $5,400+
- Netherlands – $5,300+
- France – $4,900+
- Canada – $4,800+
- Belgium – $4,700+
- Japan – $4,700+
- Australia – $4,500+
- United Kingdom – $4,200+
- Italy – $3,500+
What is the Average Monthly Premium Per Person Health Insurance Cost in the USA?
- Washington, US – $540
- Oregon, US – $460
- California, US – $520
- Idaho, US – $410
- Nevada, US – $440
- Montana, US – $550
- Wyoming, US – $660
- Utah, US – $420
- Arizona, US – $450
- North Dakota, US – $470
- South Dakota, US – $535
- Nebraska, US – $480
- Colorado, US – $485
- New Mexico, US – $490
- Kansas, US – $450
- Oklahoma, US – $445
- Texas, US – $480
- Minnesota, US – $475
- Iowa, US – $460
- Missouri, US – $460
- Arkansas, US – $430
- Louisiana, US – $575
- Wisconsin, US – $525
- Illinois, US – $560
- Tennessee, US – $435
- Mississippi, US – $430
- Michigan, US – $465
- Indiana, US – $550
- Kentucky, US – $435
- Alabama, US – $440
- Ohio, US – $515
- West Virginia, US – $560
- Virginia, US – $475
- North Carolina, US – $525
- South Carolina, US – $520
- Georgia, US – $495
- Florida, US – $515
- Pennsylvania, US – $490
- New York, US – $625
- Vermont, US – $605
- New Hampshire, US – $540
- Maine, US – $556
- Massachusetts, US – $554
- Rhode Island, US – $565
- Connecticut, US – $530
- New Jersey, US – $590
- Delaware, US – $540
- Maryland, US – $500
- Alaska, US – $780
- Hawaii, US – $410
What is the Average Annual Deductible With a Silver Plan?
- Washington, US – $5760
- Oregon, US – $2810
- California, US – $4130
- Idaho, US – $3660
- Nevada, US – $5510
- Montana, US – $3660
- Wyoming, US – $3750
- Utah, US – $2950
- Arizona, US – $5600
- North Dakota, US – $3760
- South Dakota, US – $3760
- Nebraska, US – $3500
- Colorado, US – $3630
- New Mexico, US – $3200
- Kansas, US – $3500
- Oklahoma, US – $1860
- Texas, US – $4470
- Minnesota, US – $3070
- Iowa, US – $3500
- Missouri, US – $5180
- Arkansas, US – $4780
- Louisiana, US – $2920
- Wisconsin, US – $4060
- Illinois, US – $5320
- Tennessee, US – $3930
- Mississippi, US – $4700
- Michigan, US – $3210
- Indiana, US – $6760
- Kentucky, US – $5020
- Alabama, US – $3600
- Ohio, US – $6620
- West Virginia, US – $4920
- Virginia, US – $4610
- North Carolina, US – $5500
- South Carolina, US – $5610
- Georgia, US – $6180
- Florida, US – $6910
- Pennsylvania, US – $1730
- New York, US – $2170
- Vermont, US – $2220
- New Hampshire, US – $6160
- Maine, US – $3000
- Massachusetts, US – $2125
- Rhode Island, US – $3775
- Connecticut, US – $3810
- New Jersey, US – $2070
- Delaware, US – $4710
- Maryland, US – $3435
- Alaska, US – $3750
- Hawaii, US – $2750
What is the Monthly & Annual Health Insurance Cost by Metal Levels for Age Group 21?
- Bronze – $201 per month, $2411 per annum. Plan pays 60% of your medical expense.
- Silver – $247 per month, $2961 per annum. Plan pays 70% of your medical expense.
- Gold – $291 per month, $3487 per annum. Plan pays 80% of your medical expense.
- Platinum – $363 per month, $4360 per annum. Plan pays 90% of your medical expense.
A health insurance plan may increase along with age scale. The Bronze plan covers the least expensive and has the highest deductibles, copays, and coinsurance. The platinum plan will cover almost 90% of your medical expense. Older consumers will have a higher premium cost as set by federal guidelines.
What is the Monthly & Annual Health Insurance Cost Based on Plan Type for Age Group 21?
- Health maintenance organizations (HMOs) – $230 per month, $2764 per annum
- Point of service plans (POS) – $244 per month, $2928 per annum
- Preferred provider organizations (PPOs) – $251 per month, $3019 per annum
- Exclusive provider organization plans (EPO) – $254 per month, $3056 per annum
Factors that Determine the Cost of Health Insurance
For a health insurance plan, the cost of coverage is determined by the laws set by the state. States can limit or expand the degree of the coverage. For example, in California and NYC insurance cost doesn’t differ for tobacco use.
- Location – Where you live will largely determine the cost set by health insurance companies. You state and your county will also affect the cost of health insurance. Residents of a particular country may pay lower rates for the same policy than residents of another county.
- Age – According to federal law, the healthcare cost covered is set based on their age. As individuals get older, their insurance rates also increase. Up to the age of 14, the insurance cost is a flat rate but premium increase annually after age 15.
- Tobacco Use – People who smoke typically pay 50% higher than others for the usual health insurance. The maximum rate varies and is determined by the state.
- Family members – The total cost of health insurance is also determined based on the number of family members covered. A larger family will pay a higher premium than an individual.
Conclusion
In comparison, health insurance cost is one third higher than in other countries. That said, the USA does provide world-class healthcare with the best treatment. The country also focuses on research and development and has always been a major contributor to the healthcare industry. The cost mentioned above is the average cost of insurance and medical treatment, where the real cost may vary depending on the state.
