Tag Archives: super committee

Transforming America by Redirecting Wasted Health Care Dollars

Eliminating excessive spending could mean windfall for U.S., study suggests

The respected national Institute of Medicine estimates that $750 billion is lost each year to wasteful or excessive health care spending. This sum includes excess administrative costs, inflated prices, unnecessary services and fraud — dollars that add no value to health and well-being.

If those wasteful costs could be corralled without sacrificing health care quality, how might that money be better spent? (more…)

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