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Politics : Foreign Affairs Discussion Group

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To: neolib who wrote (214476)1/24/2007 5:03:53 PM
From: KyrosL  Read Replies (1) of 281500
 
The claim is hardly startling. It's based on the fact that single payer systems in other advanced industrialized countries are on the average 50% cheaper than our system in the US in terms of cost as a GDP percentage.

Various studies have estimated that the private insurance system we have in the US spends somewhere between 20 and 30% of every health care dollar on a bureaucracy whose main purpose is to screen applicants for pre-existing conditions and "supervise" the health care providers. Another large percentage is consumed in unnecessary procedures, tests and drugs designed to maximized health care provider profits rather than optimize the patient's health. And a further huge percentage is spent caring for advanced conditions among the uninsured that would have been caught and prevented or cured at a much lower cost, if they were insured.
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