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A different take on high U.S. healthcare spending

Many of you have probably seen the argument that a good reason why U.S. healthcare in terrible is that our healthcare expenditures per capita as a percentage of GDP are much higher than other those of other countries. This anonymous blogger argues that deflating by GDP is much inferior to deflating by consumption expenditures and that after doing so U.S. healthcare expense is right about where it should be. 

I don't know if he is correct, but it is an argument I hadn't seen before.

And here is makes an argument I have seen before, but he makes it quite well, that another criticism of our healthcare--our life expectancy is lower than that of some other industrialized nations--is quite unfounded. One needs to adjust for car accidents, drugs, and homicide, none of which should be blamed on our healthcare system.