Sunday, January 12, 2020

More than a third of U.S. healthcare costs go to bureaucracy


Well, I guess that contributes to a higher GDP :)

https://www.reuters.com/article/us-health-costs-administration/more-than-a-third-of-u-s-healthcare-costs-go-to-bureaucracy-idUSKBN1Z5261?eType=EmailBlastContent&eId=3421f919-21f0-45b8-bfce-1c661152bc1d&fbclid=IwAR1fg8S5VfoAzTy8JynTB5KtRJDUywgPlRe0_8_r7OVvpYQuovlKmlEFiPo

Linda Carroll
January 6, 2020 / 5:26 PM

U.S. insurers and providers spent more than $800 billion in 2017 on administration, or nearly $2,500 per person - more than four times the per-capita administrative costs in Canada’s single-payer system, a new study finds.

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