Reducing Bureaucratic Waste Would Save $140 Billion Annually

Reducing Bureaucratic Waste Would Save $140 Billion Annually “The fiscal case for NHI arises from the observation that bureaucracy now consumes nearly 30% of our health care budget, as well as the fact that this enormous bureaucratic burden is a peculiarly American phenomenon. Our biggest HMOs keep 20%, even 25%, of premiums for their overhead […]

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Simplified Administration Could Save Over $500 Billion Per Year

Simplified Administration Could Save Over $500 Billion Per Year “Around one-third of U.S. health care dollars are spent on administrative functions, including insurance company overhead; administrative costs of hospitals, practitioners, nursing homes and other providers; and costs incurred by employers in managing their workers’ benefits. Studies have routinely found that the United States has the […]

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Well-Designed Medicare for All Saves Money

A Well-Designed Medicare for All System Saves Money “A well-designed Medicare-for-All system would create enough savings that even a significant increase in the amount of care rendered would be more than offset. This would be achieved by reducing administrative waste, harnessing the federal government’s negotiating power to bring down the price of care, setting global budgets […]

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