A Complex Relationship Price / Quality: The Case of the US Health Care System
Purpose: The US has the most expensive health care system among the developed countries, however, the higher prices that its citizens pay do not seem associated with a better quality. The scope of this paper is to analyze this complex relation price/quality and recall some important historical events to understand its fragmented system as well as the prohibitive prices of its doctors. Design/Methodology/Approach: Using a graphical analysis on published data we came to a conclusion that the US Health Care System although, it is considered among the most developed systems in the world it needs improvements. Findings: US health care is expensive and inferior to other advanced nations health care. Practical Implications: Expensiveness does not guarantee higher quality in health care. Originality/Value: Analysing the trends in US healthcare providing an explanation for its higher costs based on published data.