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Old 08-05-2011, 10:39 AM   #486
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Regarding health care costs.

Quote:
Research collaboration among Weill Cornell Medical College, Cornell University Ithaca, the University of Toronto, and the Medical Group Management Association, found physicians in the United States spend almost four times more than Canada, dealing with health insurers and payers. A majority of the differences arise from the fact that the United States physicians deal with multiple payers in comparison to Canadian physicians who deal with a single payer.

Researchers reported, in the United States, administrative costs are high as a result of different payers having alternative prior authorization requirements, pharmaceutical formularies, and rules for billing and claims payment. Conversely, in Ontario (where the researchers conducted their study of Canadian physician practices), physicians commonly collaborate with a single payer that offers one product, more standardized procedures for billing and payment and doesn't regularly require former authorization of medical services for patients.
http://www.medicalnewstoday.com/articles/232356.php

Not that Canadian health care is necessarily the best system in the world, but the problem the US has always had is efficiency and obviously the cost factor.
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