Health and Medical News and Resources

General interest items edited by Janice Flahiff

Where do our wasted health dollars go to?

From the 29 April 2012 article at Kevin MD.com

The biggest problem with health care delivery in the US is cost, which seems to have taken a back seat to other issues meant to be addressed by health care reform. We spend about $2.5 trillion dollarsa year on health care—that’s over eight thousand dollars a year for every man, woman, and child. What’s that getting you?

According to the government, about 30% goes to hospitals; 20% goes to doctors and other clinicians, 10% goes for prescriptions, and the other 40% or so goes for “other spending,” mostly administrative costs and haircuts for insurance executives. But it’s probably even worse than that: according to arecent JAMA study, about 20% of total healthcare expenditures are wasted dollars.

20% of 2.5 trillion dollars, by the way, is 500 billion dollars. Each year. The JAMA article breaks down the waste into several categories:..

Read the article here for the category breakdown

 

 

Related Resources

Related articles

A group of nine medical specialty societies recently announced the “Choose Wisely” campaign, targeting 45 commonly performed medical procedures and tests that offer little or no value in improving health. These interventions waste precious health care resources, lead to erroneous conclusions and/or false security, spur unwarranted additional interventions, and cause patient harm. Among the appropriately indicted procedures was cardiac stress testing of asymptomatic, low-risk patients. There is an old adage among savvy clinicians: “It is difficult to make an asymptomatic person feel better.” Attempting to do so can cause more harm than good.

 

May 3, 2012 - Posted by | health care | , ,

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