| ▲ | ceejayoz 2 hours ago | |||||||||||||||||||||||||||||||||||||||||||
https://news.cornell.edu/stories/2011/08/us-health-care-cost... > A new study finds that the extra time and labor physician practices spend on interacting with insurance companies and government entities cost U.S. physicians $82,975 each per year, while doctors in Ontario spent $22,205. > Canadian physicians follow a single set of rules, but U.S. doctors grapple with different sets of regulations, procedures, requirements, formularies and forms mandated by each health insurance plan or payer. The average U.S. doctor spent 3.4 hours per week interacting with health plans; Ontario doctors spent 2.2 hours. The bureaucratic burden falls heavily on U.S. nurses and medical practice staff, who spent 20.6 hours per physician per week on administrative duties; their Canadian counterparts spent only 2.5 hours on paperwork. All that falls in your $2.5T bucket. And their cleaners, HR, etc. And insurers have had 15 years of innovation since that study. | ||||||||||||||||||||||||||||||||||||||||||||
| ▲ | tptacek 2 hours ago | parent [-] | |||||||||||||||||||||||||||||||||||||||||||
You haven't done the math here. Multiply the numbers out. This is what I'm talking about. How are you supposed to engage with these topics if you're literally recoiling from 7th grade arithmetic? Congratulations, taken on your own terms, you just found 3.6% worth of savings from practitioner costs. My local grocery store wouldn't even bother issuing a coupon for that small a discount. | ||||||||||||||||||||||||||||||||||||||||||||
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