More Reasons for the Health Care Deficit
July 18, 2008 – 11:15 amLawsuits are another issue, particularly malpractice costs, defensive medicine and the impact on the morale of the medical community. And let’s not forget the quality of care issue. Statistics indicate that the effect of poor quality health services costs over $1,300 a year for every employee covered by health insurance.
Consider this as well. Every time a new drug or new technology is introduced, the cost of health care shoots up. You might want to call that inflation, just like doctors who promote medical inflation – meaning they (and the hospitals) keep charging more for the same services. And this will make you blanch. The rate they’re charging has been about 150% of the overall inflation rate. That is just staggering.
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