In 1970 US health care spending was $327.0/per capita. France was $192.1, and UK was $124.0. That's 1.7x France and 2.6x UK for the US.
In 2020 it was $11859 for the US, $5468 for France, and $5019 for the UK. That puts 2020 US spending at 2.2x France and 2.4x UK.
From 1970 to 2020 US went up 36x, France 28x, and UK 40x.
It looks like much of the first world has a serious rising health spending problem, with costs rising roughly the same over time everywhere. The US was more expensive long ago, and since the rising costs have been roughly the same the US has stayed more expensive by about the same ratio.
If we could get our spending down to match the rest of the first world, without reducing the level of care, that would be great.
BTW, it is similar if we go by percent of GDP instead of per capita.
US was spending 6.2% of GDP on health in 1970, France 5.2%, and UK 4.0%.
In 2020 that was 18.8% of GDP for the US, 12.2% France, and 12.0% UK.
That we spend more per capita for approximately the same level of care as most other first world countries is certainly annoying. But sometimes I think we are too focused on that and not putting enough effort into trying to stop the cost from increasing.
I think increasing costs are a more serious problem because the problem of spending so much more than the others is a US problem. That suggests it is just something we are doing wrong, and by making our system more like some of those others we can fix it.
The problem of rising costs also plagues those other countries, and to about the same extent as it does the US. That suggests it is a much harder problem to solve.
Here are some examples of rising costs per capita.
How much costs per capita went up from 2000 to 2018: US 2.3x, Germany 2.1x, France 1.8x, Canada 2.0x, Italy 1.7x, Japan 2.6x, and UK 2.6x.
Costs per capita in 1980, 1990, 2000, 2010, and 2020 divided by 1970 costs:
Here's the ratio of each given year to the cost 10 years earlier: Data source: https://data.oecd.org/healthres/health-spending.htmIf "latest data available" is checked, uncheck it to unlock the slider that lets you look at historical data back to 1970.