Report: US Health Care System Wastes $750B a Year
SEPTEMBER 07, 2012
“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.” (Associated Press)
If it got much less efficient, it would be a department of the USPS.
FEE Timely Classic
“Nationalized Health Care Will Cut Costs? It Just Ain’t So!” by Gene Callahan and Robert P. Murphy