that suggests that Americans spend over a thousand dollars a year on administrative costs for medical care (more than 3 times as much as Canada) and that administration eats up about 30% of American medical spending. The truth is that our current ridiculous patchwork of insurance providers is vastly more inefficient than a single payer system.
And that's without considering equity/moral issues, or the inefficiencies that occur with our current system and preventive care...
5 comments:
Happy New Year.
You lovely wee man.
A nice analysis of how our healthcare system is really pretty lousy, but I think it misses a few good points on why. Check out for example this link
http://www.researchmatters.harvard.edu/story.php?article_id=677
that suggests that Americans spend over a thousand dollars a year on administrative costs for medical care (more than 3 times as much as Canada) and that administration eats up about 30% of American medical spending. The truth is that our current ridiculous patchwork of insurance providers is vastly more inefficient than a single payer system.
And that's without considering equity/moral issues, or the inefficiencies that occur with our current system and preventive care...
-PS
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Great gift ideas
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