hypocritexposer
Well-known member
It's much like food. It's so expensive, yet half of it is wasted, in the US.
http://blogs.the-american-interest.com/wrm/2012/09/07/u-s-health-care-waste-larger-than-pentagon-budget/
September 7, 2012
U.S. Health Care Waste Larger Than Pentagon Budget
It’s not exactly earth-shaking news that there’s a lot of waste in the U.S. health care system, but this item we came across still managed to stagger us: A report by the Institute of Medicine estimates that as much as $750 billion is wasted in the U.S. health care system each year. Three quarters of a trillion dollars. Every year. As the Wall Street Journal notes, that’s bigger than the Pentagon budget, amounting to roughly 5 percent of GDP.
The report offers a familiar laundry list of problems. Unnecessary services are the leading driver of waste, but administrative expenses and inefficient care are not far behind. The report has several suggestions:
http://blogs.the-american-interest.com/wrm/2012/09/07/u-s-health-care-waste-larger-than-pentagon-budget/