[Info-vax] Down Again
Arne Vajhøj
arne at vajhoej.dk
Tue Aug 11 21:14:19 EDT 2009
Neil Rieck wrote:
> The US system is "for profit" which means that HMOs will do better by
> denying payments. They do this by requiring much more documentation
> from patients as well as doctors (some people have estimated that that
> these admin costs are as high as 28% where most social systems hold it
> below 4%). When doctors need to provide more documentation OR do their
> own billing, they incur more cost which are then passed on to the
> patient.
http://money.cnn.com/2009/08/10/news/economy/healthcare_money_wasters/index.htm
Arne
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