Wednesday, November 18, 2009

Another great cost containment concept

Waste and inefficiency is estimated to account for about 30% - 40% of total health care costs. Studies show that the largest drivers of waste are:
- fee-for-service incentives
- lack of consumer responsibility
- defensive medicine
- excess bureaucracy
- fraud

We don't need to create a whole new health care system, but we do need to address this waste in the system. Until we change how we do things, we will continue to waste our money and not see improved outcomes.

For more see this blog post by Philip K. Howard


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