Friday, November 11, 2005

Where Health Insurance Dollars Go

California has done a study of where the dollars are spent. 25% goes into the overhead of shuffling the papers.
"After reviewing the study findings, Kevin Grumbach, MD, professor and chair of the UCSF Department of Family and Community Medicine and an expert on health policy, commented, 'Research conclusively demonstrates that public insurance systems in Canada and other nations have avoided the costly administrative inefficiencies that plague the market-oriented US health system. Reading this study, people may well ask why our nation tolerates such an inefficient system where 45 million Americans lack insurance coverage.'"

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