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| Permalink View Article Stats (3 comments) Promoted to Headline (H3) on 5/28/09: Administrative Waste Consumes 31 Percent of Health Spending Quicklink submitted by Laudyms (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| A definitive study of the administrative costs of the U.S. health system in the August 21, 2003 edition of the New England Journal of Medicine. After analyzing the costs of insurers, employers, doctors, hospitals, nursing homes and home-care agencies in both the U.S. and Canada, they found that administration consumes 31.0 percent of U.S. health spending. $350 billion per year savings is possible. |
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