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That only because that spend is misattributed. Much of the money spent on US "healthcare" ends up wasted on admin in billings, collections and haggling with ins
by brohee 11mo ago
That only because that spend is misattributed. Much of the money spent on US "healthcare" ends up wasted on admin in billings, collections and haggling with insurance co... Aka, not healthcare. I'd be very interested to see American numbers without the absolutely insane admin overhead...
- fsckboy 11mo agounfortunately, many of the people who are in favor of providing more financial resources to patients are also in favor of a more extensive regulatory framework, so the two ideas don't get balanced.
- user____name 11mo ago"Regulatory framework?" What are you talking about? Centralized information processing is faster and carries much less deadweight loss from duplicated admin and roundtrips. Having a system built around profit maximization isn't one that minimizes cost, as you have shown in your previous post.