Single-payer system could save US $600 billion in administrative costs - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The US' sky-high healthcare costs are driven by the oversized admin spending burden, and a single-payer system could be a solution:

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. The US' sky-high healthcare costs are driven in no small part by the oversized admin spending burden private insurance places on hospitals and other providers — and these costs could have negative implications on patient health. a 2018 JAMA report — and the cost burdens associated with private insurance are being passed along to US consumers, making treatment an unmanageable expense.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I doubt that. In areas where the government is involved, in healthcare and education for example, prices have gone through the roof. Where there is minimal to no government involvement, in tech for example, value has increased dramatically and prices have stayed low.

Al who?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines