JAMA review: waste accounts for 25% of healthcare spending
According to a JAMA review, the waste in the U.S. healthcare system costs from $760 to $935 billion annually, roughly one-quarter of all U.S. healthcare spending, The two previous studies …
Health insurers are eating higher medical costs
Almost all of the major health insurance companies are spending more on medical care this year than they have in the past. Rising prices and more services for sicker patients …
2019 Cost of healthcare for a hypothetical American family of four = $28,386
In 2019, the cost of healthcare for a hypothetical American family of four covered by an average employer-sponsored preferred provider organization (PPO) plan is $28,386, according to the Milliman Medical …
A reality check on hospital mergers
Hospitals represent the largest chunk of U.S. health care spending, and hospitals are acquiring more market power and commanding higher prices — bills that every American pays for in some …
Why Americans are so fed up with health care!!
The amount of money Americans have to pay out of pocket for healthcare expenses before their insurance kicks in is now double what it was a decade ago. The average …
Medical costs are driving millions of people into poverty
Healthcare expenses forced 8 million Americans into poverty in 2018, according to the Census Bureau, an improvement from the past several years, when an annual average of 11 million people …
The true cost of high-deductible health care plans
One alternative to sky-high monthly health insurance premiums for many Americans is opting for a high-deductible plan instead. Those plans come with lower monthly premiums, but their elevated deductibles create …
Average ER prices increase by 89%, that is well over 6 times the cost of leaving 13.85%
Average ER prices increase by 89%, that is well over 6 times the cost of leaving 13.85%. Emergency rooms are collecting more money from private insurance plans, and at the …
Physician specialty average pay does not reflect their revenue production!
The disparities on physician specialty average pay versus their average revenue contribution show another reason of how healthcare fails to manage its financial imperatives. Regardless of how specialty scarcity, procedural …
The other unaccounted healthcare system
Discussions about the cost and complexity of America’s healthcare, don’t normally account for the labor cost provided by friends and family. But those supports are large and a growing part …
