Thursday, May 30, 2013

Waste, fraud and excessive costs—that won’t change

"About 30 percent of health spending in 2009--roughly $750 billion--was wasted on unnecessary services, excessive administrative costs, fraud, and other problems. Moreover, inefficiencies cause needless suffering. By one estimate, roughly 75,000 deaths might have been averted in 2005 if every state had delivered care at the quality level of the best performing state." Summary, Best Care at lower cost report, 2012, National Academies Press. So why didn't Obama start there instead of grabbing our health insurance? The illusion that someone else pays is what causes the unnecessary and excessive costs. When has creating a bloated government agency reduced costs? http://www.nap.edu/catalog.php?record_id=13444

Book Cover

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