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U.S. healthcare administrative costs out of control

By tovarichpeter   Jan 11, 10:51am   ↑ Like (1)   ↓ Dislike   2 links   182 views   7 comments   Watch (0)   Share   Quote  

http://money.cnn.com/2017/01/11/news/economy/healthcare-administrative-costs-us-obamacare/index.html?iid=hp-stack-dom

A report by the Organisation for Economic Co-operation and Development (OECD) shows admin costs in U.S. health care are the highest in the developed world. They account for over 8% of spending in the sector. Globally, health care systems spend about 3% on average on administration. "Private insurance generates a relatively high share of total administrative expenditure," the report's authors explained, noting that admin costs are generally lower when governments manage health care coverage. The report was published this week to shine a light on wasteful health care spending, which sometimes does more harm than good. "At a time when...

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1   Tenpoundbass   Jan 11, 10:57am  ↑ Like (3)   ↓ Dislike   Quote  

Ah no shit, can we stop calling Insurance execs and Sales managers "Healthcare" workers?

And see them for what they are a leach on our healthcare system. Fuck the insurance companies, let the hospitals charge what they think people can afford.

2   APOCALYPSEFUCK_is_ADORABLE   Jan 11, 11:11am  ↑ Like (3)   ↓ Dislike   Quote  

With current technology, there is no reason this cannot be shaved to 1.5% or lower.

Nurse practitioners should be able to work with doctors to manage patient flow, records archive and a highly automated billing system to crush administrative costs and direct office energies to hands on care and consultation.

3   zzyzzx   Jan 11, 11:40am  ↑ Like (1)   ↓ Dislike   Quote  

I can't believe that APOCALYPSEFUCK didn't suggest using M134's to solve our healthcare issues.

4   Ceffer   Jan 11, 11:42am  ↑ Like (2)   ↓ Dislike   Quote  

KILL THE HEALTH CARE ADMINISTRATORS! KILL THEM ALL!

5   HEY YOU   Jan 11, 7:58pm  ↑ Like   ↓ Dislike   Quote  

Thank You ,Democratic & Republican VOTERS!

6   Strategist   Jan 11, 8:36pm  ↑ Like (1)   ↓ Dislike   Quote  

zzyzzx says

I can't believe that APOCALYPSEFUCK didn't suggest using M134's to solve our healthcare issues.

Just wait until he gets a doctors bill.

7   zzyzzx   Jan 12, 7:54am  ↑ Like (2)   ↓ Dislike   Quote  

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