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2021 was the second year in a row that the U.S.’s life expectancy declined, while other comparably large, wealthy countries saw a rebound since the onset of the COVID-19 pandemic. In addition to having the lowest life expectancy among its counterparts, the U.S. outspends its peers by nearly double on health care.
Country | 2021 Life Expectancy | Per Capita Health Care Spending |
United States | 76.1 years | $12,318 |
Comparable Countries | 82.4 years | $6,003 |
COVID-19 had increased U.S. mortality and premature death rates more than in comparable countries, widening a gap that existed before the pandemic. And higher health care spending hasn’t translated into longer lifespans for Americans.
Many employers are responding to rising health care costs by altering benefit offerings and encouraging preventative care services. Employers should continue to monitor health care trends, spending, and utilization. Download the bulletin for more details.