Health care's big money wasters

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by auditor0007, Aug 10, 2009.

  1. auditor0007
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    auditor0007 Gold Member

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    By Parija B. Kavilanz, CNNMoney.com senior writer
    Last Updated: August 10, 2009: 9:37 AM ET

    NEW YORK (CNNMoney.com) -- Down the drain: $1.2 trillion.

    That's half of the $2.2 trillion the United States spends on health care each year, according to the most recent data from accounting firm PricewaterhouseCoopers' Health Research Institute.

    What counts as waste? The report identified 16 different areas in which health care dollars are squandered. But in talking to doctors, nurses, hospital groups and patient advocacy groups, six areas totaling nearly $500 billion stood out as issues to be dealt with in the health care reform debate.


    Health care's six money-wasting problems - Aug. 10, 2009

    Assuming these numbers are at least in the ball park, how do we change this?
     

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