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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (174812)	9/16/2009 2:36:02 PM
From: LoneClone	1 Recommendation Read Replies (1) \| Respond to of 312759

OT: Although I am loathe to contribute to this OT discussion which should not be here, health administration costs are 20-25% higher in the US due to the massive administrative apparatus needed to deal with not having a public insurance system. That is the primary reason the American system is much less efficient than ours. Maybe I will now make a TOU complaint about my own post for being OT. LC

To: philv who wrote (174812)	9/16/2009 2:54:08 PM
From: E. Charters	Respond to of 312759

There are 60,000 doctors in Canada. If they all billed on average what Ontario physicians bill, they would collect 10 billion. The output paid by medicare to the system is 90 billion, Canada wide. The physicians earn 11.2 % of that, and only 59% of that is net. There is one doctor for every 500 people in Canada. More than enough for everyone to have a family doctor. The reason they don't is bad administration and the natural fact that the best physicians have too many patients, the new guys far too few. The business is not competitive so doctors do not seek new patients. Simply put they don't make money on them as it is. statcan.gc.ca EC<:-}