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

South Africa News News

Single-payer system could save US $600 billion in administrative costs - Business Insider
South Africa South Africa Latest News,South Africa South Africa Headlines

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

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

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.

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:

BusinessInsider /  🏆 729. in ZA
 

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?

South Africa South Africa Latest News, South Africa South Africa Headlines



Render Time: 2025-01-12 01:27:17