Chart of the Day: Our Ballooning Healthcare Costs

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The chart on the right comes from the Kaiser Family Foundation, and it shows the growth in healthcare expenditures in five selected countries over the past 40 years. The United States, of course, has the highest spending, but it also has the highest growth rate. An accompanying table shows spending in 15 OECD countries, and in 1970, the U.S. spent 58% more than average. In 1990 we spent 86% more. In 2008 we spent 91% more.

There are individual countries that have had higher growth rates than us, but all of them started from a much lower base. And even at that, nobody beats us by much. Even though our spending is already the highest in the world, our growth rate is still one of the highest too. No matter how much we pay our doctors, pharmaceutical companies, hospitals, and insurance carriers — and we pay them far more than any other country — it’s never enough. They always want more.

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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