Why is the WASTED $850 billion a year never mentioned??

[healthmyths]

You'd think any number the size of $850 billion a year would gain attention... and it does.. until people who think they are going to win the lottery start explaining it away! These same people that trust their physicians don't understand what this wasted money has done to insurance costs.

Physicians estimate the cost of defensive medicine in US at $650 to $850 billion per year
Health News Observer ? Physicians Estimate The Cost Of Defensive Medicine In Us At 650 To 850 Bill Articles

-- Up to 92% of US physicians practice defensive medicine.
-- 76% of physicians report that defensive medicine decreases patient access to healthcare.
-- 53% of physicians report delaying new techniques, procedures, and treatments due to fear of lawsuits.
-- Emergency medicine, primary care, and OB/GYN physicians are most likely to practice defensive medicine.
-- 79 to 83% of surgeons and OB/GYNs have been named in lawsuits.

BUT...
Physicians contracted by the federal government practice significantly less defensive medicine as they are protected against lawsuits by the Federal Tort Claims Act.
Only 48% practice defensive medicine compared to 92% of non-government physicians.

-- 89% of physicians support a patient’s right to be compensated fairly for true negligence.
SOURCE: Health News Observer ? Physicians Estimate The Cost Of Defensive Medicine In Us At 650 To 850 Bill Articles

If the same Federal Tort Claims Act. applied to NON-government physicians that apply to physicians under Federal contracts this $850 billion could drop by 30% or more! A savings of nearly $250 billion a year. (92% becomes 48% a drop of 44% of physicians wasting money due to defensive medicine practices.)

So why am I one of the very few people aware that if insurance claims drop by $250 billion, that means their medical loss ratio drops which means
state insurance regulators will not APPROVE any rate increases and because competitors WILL drop their premiums the entire cost of health insurance declines.

Average cost to employee enrolled in company plan for individual $1,225 -- family coverage - $4,316
Health Insurance Cost Statistics | Statistic Brain

Consider folks your own health insurance costs...
If insurance companies saw a drop of 20 to 30% in claims' cost due to physicians NOT practicing "defensive medicine" under states' insurance laws
insurance companies CAN"T justify raising rates and with competitors lowering.. YOUR RATES would decline.

BUT I KNOW what you idiot critics of reducing "defensive medicine" number one reason WHY NOT to attack that costs?
YOU are afraid you couldn't win then in the frivolous lawsuit LOTTERIES!!!

 

[deltex1]

You have to start with a hatchet...no one will deal with it rationally.

 

[healthmyths]

You have to start with a hatchet...no one will deal with it rationally.

Yea and with Congress 47% lawyers hard to get tort reform...

 

[healthmyths]

Over $5 Billion and Counting for Obamacare Websites -
Over $5 Billion and Counting for Obamacare Websites | The Fiscal Times

Peanuts!!! Spending $5 billion to get 4 million truly uninsured all the while $850 billion according to physicians wasted YEARLY all
out of fear of LAWSUITS!

 

[healthmyths]

Specifically, they estimated that
35 percent of diagnostic tests,
29 percent of lab tests,
19 percent of hospitalizations,
14 percent of prescriptions, and
8 percent of surgeries were performed to avoid lawsuits.
The costs of defensive medicine

Medicare pays up to $125 billion a year for unnecessary tests and procedures, and Medicaid pays up to $96 billion for unneeded tests and procedures.
How defensive medicine has caused healthcare costs to rise | Medical Economics