waste

Wasted Healthcare Dollars

Unflappable at $600-$850 billion healthcare system waste per annum

Sen. Tom Coburn 'unflappably' used Thomson Reuters' "Where Can $700 Billion In Waste Be Cut Annually From the U.S. Healthcare System?" [10/2009] as an authoritative reference; it names the most significant drivers of wasteful healthcare system spending:

  1. Unwarranted Use: $250-$325 billion  
  2. Fraud and Abuse: $125-$175 billion
  3. Lack of Care Coordination: $25-$50 billion
  4. Administrative System Inefficiencies: $100-$150 billion
  5. Provider Inefficiency and Errors: $75-$100 billion
  6. Preventable Conditions and Avoidable Care: $25-$50 billion

Waste & Savings

One of the main goals in health care reform lies in reducing waste.

Committee on Quality of Health Care in America, 2001; Milstein, 2004

An Effortless Observation about Reform

"Now, maybe I have a simplistic mind, but frankly I don't understand why health care and insurance companies keep appearing in the same sentences." (Fisher, W. Truthout  10/25/09)

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