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10 Ways to Cut Health-Care Costs Right Now
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The costs of fraud in medical care from spurious Medicare claims to kickbacks for unecessary services is estimated at $125 to 175 billion. Costs of unnecessary care from overuse to unnecessary lab tests are between $250-325 billion. The amount wasted for on treatment for preventable conditions such as heart disease and diabetes. is $25-50 billion. This number is much higher when all the complications from obesity are figured in. These amounts alone add up to $500 billion. Add to it the problems and the costs of medical errors leading to bad drug reactions or other misdiagnosed procedures which cost an estimated $75-100 billion and the the total is upto $600 billion. These amounts are not going to be tackled by computerization of medical records. The whole manner and ways in which medicine is practiced today and the manner in which the public takes care of its health would have to change for an impact to be made in these numbers.
Developing new solutions to the problem of escalating health care costs in the U.S.
01/31/2008
New solutions are being developed and new ideas being tried to bring down health care costs. In many case quality can improve at lower cost or the similiar results delivered for lower cost with some other advantages inpatient focussed healthcare that improve outcomes. Pricing of pharmaceutical products and healthcare services as the major unsolved problem in the U.S.
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Failure of the health care reforms of 2009 to tackle the cost of physician spending leave a big gap in the country's finances and its ability to finance both external wars, Iraq and Afghanistan and higher spending on social priorities. Something's got to give.
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Providing incentives to patients to be compliant for diabetes complications and reduce costs significantly.
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Health care spending as a critical part of the U.S. deficit problem and why it defies solution (6)
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Linked Articles
10 Ways to Cut Health-Care Costs Right Now
BusinessWeek 11/12/2009
A grim diagnosis for our ailing U.S. health care system - The Washington Post
Washington Post 11/28/2011
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