Template:Health insurance waste
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Health insurance paperwork wastes $375 billion yearly! CNBC, Jan 13, 2015. Expand for quotes. |
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They estimate the cost of covering all of the roughly 40 million Americans still lacking health insurance would be equal to just about half of the $375 billion in projected savings. The balance of those savings, they write, could 'upgrade coverage for the tens of millions who are under-insured'. ... Of the total of $471 billion in BIR [billing and insurance-related costs], an estimated $375 billion—or 80 percent—is 'additional spending' that would be eliminated by 'a simplified financing system' such as single-payer, the report said. |