Data Visualization

Blog of the Data Visualization & Communication Course at OSB-AUB

This is my favorite part about analytics: Taking boring flat data and bringing it to life through visualization” John Tukey

Individual Assignment – Final week: Healthcare expenditure in the US

by | Jul 15, 2023 | Uncategorized | 0 comments

Over the past 15 years, studying and increasing net healthcare expenditure has become crucial. We sought to understand the relationship between healthcare expenditure and net national income within a country, a factor that can be taken into consideration by the government to develop.
Analyzing the data, we discovered a clear correlation between net national income and healthcare expenditure. Bar charts visually depicted the relationship, showing that as net national income increased, healthcare expenditure in the US also rose.



As shown in the following bar charts, life expectancy is decreasing which means that the US needs logically further investment in healthcare expenditure. In addition, the increase in death rate over time shows that US needs more to invest in the healthcare sector. Those two are supporting our argument.
Thus, the evidence showing life expectancy decreasing and death rate increasing, highlighted the importance of developing healthcare expenditure within a factor that can be most probably the net income in the US. To address this, governments should prioritize policies that promote economic growth and allocate a larger portion of the budget towards healthcare.

By fostering economic growth and stability, governments can generate more resources for healthcare. GDP increase (shown in the bar chart below) year by year shows that the government can allocate resources and invest in healthcare. Additionally, increasing the net healthcare expenditure ensures adequate funding for improved access, quality, and affordability of healthcare services.


Based on the evidence, it is recommended that governments align economic policies with healthcare funding. This approach creates a positive cycle where a thriving economy enables greater investment in healthcare, leading to improved health outcomes and societal well-being.
In conclusion, the relationship between net national income and healthcare expenditure is crucial. By leveraging this connection, governments can create a more equitable and sustainable healthcare system, benefiting the health and welfare of their citizens.

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