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Higher Life Expectancy At Lower Cost: Countries Which Outperform The United States

Author

Listed:
  • Maury R. Randall
  • David Y. Suk

Abstract

In this paper we identify countries that have better outcomes than the United States with respect to life expectancy. Using this sample of countries, relationships between the life expectancy outcomes and health care costs are examined, and we also test whether the extent of public financing has a significant impact on the results. In addition, the study compares the availability of important health care resources, such as doctors, nurses, hospital beds and medical equipment to the amount of funds allocated to health care. We conclude with a brief review of policies and system changes that might increase resource availability and efficiency in the United States.

Suggested Citation

  • Maury R. Randall & David Y. Suk, 2009. "Higher Life Expectancy At Lower Cost: Countries Which Outperform The United States," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 3(2), pages 117-129.
    • Handle: RePEc:ibf:gjbres:v:3:y:2009:i:2:p:117-129
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    More about this item

    Keywords

    life expectancy; health care cost; public finances; efficiency;
    All these keywords.

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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