A recent report shows that we spend $2.5 trillion dollars per year on health care, by far the most per capita and in aggregate of any nation. So what fantastic effects are we getting for this investment? Our average life expectancy is 78.2 years, ranking us 38th in the world, comfortably between Cuba and Portugal. But, hey! At least we’re ahead of Albania! This aggregate spending figure is a rough estimate only, in my opinion. Many health care costs do not include “auxiliary” costs, and this can include pharmaceutical spending. I would think it would be hard to miss a $300 billion spend, … [Read more...] about Health Care Spending