February 24, 2006

Even Doctors Admit Something Must Be Done About Health Care

“Even Doctors Admit Something Must Be Done About Health Care” - The Oakland Press: Opinions

Brief:

The cost of health care is rising out of control causing insurance premiums to increase accordingly. A big part of it is Administrative Waste. According to a Harvard study medical billing costs about $400 billion per year.

Here are some of the Billing Abuses:

  1. A specialist that charges $250 to stop by your hospital room to see how you are feeling. Their medical biller sends that claim to your insurance company.
  2. Routine duplication of medical procedures. There is no central electronic patient treatment record.
  3. Documentation requirements for reporting claims to the insurance company.

You can read the full article here.

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