healthmyths
Platinum Member
- Sep 19, 2011
- 29,352
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So folks.. Obamacare ADDS 13,000 pages of NEW regulations, takes 80 million hours and as a result ADDS to the EXCESS ADMINISTRATIVE COSTS!!!
If that is the "benefit" of Obamacare... we can do without more HELP!!!
Here's yet another great reason to reform healthcare: According to a recent report by the Institute of Medicine, the U.S. health care system squanders $750 billion a year roughly 30 cents of every medical dollar through unneeded care, byzantine paperwork, fraud and other waste, the influential Institute of Medicine said Thursday in a report that ties directly into the presidential campaign.
More than 18 months in the making, the report identified six major areas of waste:
unnecessary services ($210 billion annually); (Defensive Medicine out of FEAR of LAWSUITS!!!)
inefficient delivery of care ($130 billion);
excess administrative costs ($190 billion); Research firm Gartner Group has estimated that HIPAA is expected to
cost the healthcare industry at least $3.8 billion between 2003 and 2008,
and potentially even 10 times that
http://media.techtarget.com/searchSecurity/downloads/HIPAAPSC_Ch3.pdf
inflated prices ($105 billion); (EMTALA a govt. mandate forces hospitals to "pad" sometimes by 6,000% their costs!!!)
prevention failures ($55 billion), and
fraud ($75 billion).
Adjusting for some overlap among the categories, the panel settled on an estimate of $750 billion.
$750 BILLION A YEAR
If that is the "benefit" of Obamacare... we can do without more HELP!!!
Here's yet another great reason to reform healthcare: According to a recent report by the Institute of Medicine, the U.S. health care system squanders $750 billion a year roughly 30 cents of every medical dollar through unneeded care, byzantine paperwork, fraud and other waste, the influential Institute of Medicine said Thursday in a report that ties directly into the presidential campaign.
More than 18 months in the making, the report identified six major areas of waste:
unnecessary services ($210 billion annually); (Defensive Medicine out of FEAR of LAWSUITS!!!)
inefficient delivery of care ($130 billion);
excess administrative costs ($190 billion); Research firm Gartner Group has estimated that HIPAA is expected to
cost the healthcare industry at least $3.8 billion between 2003 and 2008,
and potentially even 10 times that
http://media.techtarget.com/searchSecurity/downloads/HIPAAPSC_Ch3.pdf
inflated prices ($105 billion); (EMTALA a govt. mandate forces hospitals to "pad" sometimes by 6,000% their costs!!!)
prevention failures ($55 billion), and
fraud ($75 billion).
Adjusting for some overlap among the categories, the panel settled on an estimate of $750 billion.
$750 BILLION A YEAR