How much worse could a single payer system possibly be? 2


How much worse could a single payer system possibly be?

Reshared post from +Jim Fawcette

$750 Billion Wasted Annually

New report rips inefficient healthcare system. If the financial system worked like the healthcare system an ATM transaction would take days. 

WonkBlog: "America spent $2.6 trillion on health care last year; about one in every six dollars went into the health-care system. A third of that spending — a full $750 billion — did nothing to make anyone healthier."

Report: 
http://iom.edu/Reports/2012/Best-Care-at-Lower-Cost-The-Path-to-Continuously-Learning-Health-Care-in-America.aspx

WonkBlog summary:
http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/09/07/we-spend-750-billion-on-unnecessary-health-care-two-charts-explain-why/ 

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