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5 Myths about Health Care Around the World - Washington Post - c/o Bill Moyers Journal web-site

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JohnWxy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-29-09 02:55 PM
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5 Myths about Health Care Around the World - Washington Post - c/o Bill Moyers Journal web-site
I got this off the Bill Moyers Journal website, (thank you, Bill!!):

Guess what, OUR SYSTEM IS THE LEAST EFFICIENT OF ALL COUNTRIES EXAMINED!

http://www.washingtonpost.com/wp-dyn/content/article/2009/08/21/AR2009082101778.html


I found this particularly interesting:

(Myth no.3...) ... Foreign health-care systems are inefficient, bloated bureaucracies.

Much less so than here. It may seem to Americans that U.S.-style free enterprise -- private-sector, for-profit health insurance -- is naturally the most cost-effective way to pay for health care. But in fact, all the other payment systems are more efficient than ours.

U.S. health insurance companies have the highest administrative costs in the world; they spend roughly 20 cents of every dollar for nonmedical costs, such as paperwork, reviewing claims and marketing. France's health insurance industry, in contrast, covers everybody and spends about 4 percent on administration. Canada's universal insurance system, run by government bureaucrats, spends 6 percent on administration. In Taiwan, a leaner version of the Canadian model has administrative costs of 1.5 percent; one year, this figure ballooned to 2 percent, and the opposition parties savaged the government for wasting money.


The world champion at controlling medical costs is Japan, even though its aging population is a profligate consumer of medical care. On average, the Japanese go to the doctor 15 times a year, three times the U.S. rate. They have twice as many MRI scans and X-rays. Quality is high; life expectancy and recovery rates for major diseases are better than in the United States. And yet Japan spends about $3,400 per person annually on health care; the United States spends more than $7,000.



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