- A new review in the Journal of the American Medical Association found that America spends about twice as much as other high-income countries on healthcare.
- At the same time, the health outcomes, or how well people fare with their health, aren't any better and are often worse than countries that spend half as much on healthcare as the US does.
Explains the higher cost but not poorer outcomes.
- The study's authors concluded that the main reason the US spends so much has to do with the prices of labor, goods (like pharmaceuticals), and administrative costs — not how often Americans get certain procedures, which was no more than any other country.
Business Insider
The US spends twice as much on healthcare as other developed nations and gets worse outcomes — and the reasons why show what it’s going to take to reform healthcare
Lydia Ramsey
3 comments:
"The US had the highest administrative burden, spending about 8% of its GDP on administration and governance"
Read "private insurance".
Also misses entirely cost of non-productive processes and procedures dictated by insurance, costs related to obfuscation of care by insurers, the cyclic race between providers raising prices to compensate for minimal insurance payoffs and insurers raising rates due to rising medical costs.
The revolution will not be televised.
“poorer outcomes.“
Fake news...
Post a Comment