Americans spend over twice as much per capita on healthcare as the average developed country does, at an average of $8,508 per person. That adds up to $2.8 trillion, or a staggering 18% of GDP.
Q. Who spends the most on healthcare: men or women?
- A. Men
- B. Women. Average health care costs for women are 25% more than for men, primarily due to higher spending during pregnancy and after age 85.
- C. Children
- a. blood work
- b. gowns, gloves and sheets*
- c. xrays
Q. One of the most common overcharges is:
- a. for medication you brought with you
- b. oxygen
- c. extra paperwork
- a. x-rays
- b. hospital food
- c. ambulance transports
1 in 5 Americans are contacted by bill collectors in regards to medical debt. Medical debt accounts for $1 out of every $3 owed in collection accounts, far more than all other debt in collections.
- Tips for negotiating medical bills:
- Get itemized statements
- Know the costs
- Don't procrastinate
- Consider payment options