Schlosser: US spends 18% of GDP on healthcare versus 10% elsewhere
Mario Schlosser · 20VC: Raising Over $700m From The World's Best Investors, How To Innovate In Highly Regulated Markets & The 3 Superpowers of Insurance Companies with Mario Schlosser, Founder & CEO @ Oscar · Sep 22, 2017 · at 3:58
Mario Schlosser, co-founder and CEO of Oscar Health, compares healthcare spending as a percentage of GDP between the United States and other developed countries like Germany, Japan, and Switzerland.
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“The U.S. Spends about 18% of GDP on healthcare. You know, Germany, Japan, Switzerland, other rich countries in the world spend maybe 10, 11% on healthcare, and those countries, by the way, tend to not have single-payer systems either.”
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