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How much is Obama's care per month?

A common question people ask, especially those who have just received coverage under the Affordable Care Act, is how much does healthcare cost? How is healthcare actually structured in the United States? What are the costs associated with the various types of insurance coverage? How can you compare the costs of healthcare and insurance coverage between countries? Let's take a look, shall we?

 

United States Healthcare Compared To Other Countries

The cost of healthcare is not something that commonly comes up when people think about living in the United States. Most people assume that since they are living in the most developed country in the world that their healthcare will be free at the point of use. This is far from the case, and if you want the best healthcare possible then you will need to decide whether you can afford it or not. Let's take a quick trip down memory lane and compare the US healthcare system with that of other developed countries. The following chart (courtesy of worldbank.com) breaks down the costs of healthcare and medical services in various countries.

 

How Much Does Healthcare Cost In Australia?

Now, I don't know about you, but when I hear the words “healthcare” and “cost” together, my mind automatically thinks of Australia. Why? Well, let's take a look.

Like a lot of other developed countries, Australia has a universal healthcare system. This means that regardless of whether you are wealthy or poor, you will get the same healthcare coverage as everyone else. This allows the country to keep its healthcare costs down because there is no financial divide among its citizens. This also means that the average person has plenty of opportunities to get healthcare coverage. If you're looking to compare healthcare costs in Australia, then you should probably also compare the various types of insurance coverage available there. You should also compare how easy it is to get insurance coverage to how easy it is to access healthcare services, as not all insurance policies cover all healthcare costs. For example, MediShield, which is the publicly-funded healthcare system in Australia, does not cover dental work or some pharmaceuticals. If you want to know more, you can check out the Australian healthcare system guide from the World Health Organization. (Note: This is not medical advice, please consult with a doctor or relevant healthcare professional for detailed information on your specific case.)

 

How Much Does Healthcare Cost In Germany?

Speaking of which, let's compare Australia to Germany, one of the most popular destinations for people moving abroad. Like a lot of other European countries, Germany has a basic healthcare system that is largely free at the point of use. This means that if you're an average person, you should not have to pay for healthcare services. However, if you want to cover more extensive healthcare costs, you will have to look at various types of private insurance coverage. This can be done if you have health insurance coverage through your employer, if you're a member of a union, or if you are a freelancer or self-employed person. The following chart (courtesy of wikiHow) breaks down the costs of healthcare and medical services in Germany.

 

How Much Does Healthcare Cost In France?

Moving along, we have France, the most popular travel destination for people moving abroad for work. Like a lot of other developed countries, France has a basic healthcare system that is largely free at the point of use. However, if you want to cover more extensive healthcare costs, you will have to look at various types of private insurance coverage. The following chart (courtesy of wikiHow) breaks down the costs of healthcare and medical services in France.

 

How Much Does Healthcare Cost In Britain?

Last but not least, we have Britain. As you might expect, the United Kingdom is famous for being one of the most expensive countries to live in. This is large because healthcare is largely paid for by the government through a combination of taxation and contributions from individuals. The cost of healthcare varies from person to person, but on average, it is quite high. The cost of medical services ranges from £11,640 to £24,200 a year, and the cost of hospital stays ranges from £23,020 to £36,400 a year. It is important to note that this is the average cost. Some people pay a lot, while other people pay little or nothing. This largely depends on what type of insurance coverage you have and whether you qualify for any government assistance or subsidies. For a detailed breakdown of the costs of healthcare in Britain, check out this British healthcare costs analysis by the Organization for Economic Cooperation and Development. (Note: This is not medical advice, please consult with a doctor or relevant healthcare professional for detailed information on your specific case.)

 

As you can see above, comparing the cost of healthcare between different countries can be difficult. There are a lot of variables to take into consideration when making this comparison. One of the most important differences is how much money people are willing to spend on healthcare in general. Another key factor is the level of government assistance available for healthcare. In some countries, such as Australia, Germany, and France, the healthcare systems are such that people do not need to spend as much money as they do in the U.S. Of course, as I've said, the costs of healthcare are not the only factor that determines how much you will enjoy living in a particular country. There are a lot of other factors to consider, such as the legal framework regarding same-sex relationships, the level of education, the quality of life, and the overall climate. For more information on this, please consult the country-specific guides linked above. However, if you are looking to compare healthcare costs, then the above is a good place to start.