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New study: Health care paperwork cost $812B

from Insurance News Net

A study published in the Annals of Internal Medicine finds that the healthcare bureaucracy cost Americans $812 billion in 2017. This represented more than one-third of total expenditures for doctor visits, hospitals, long-term care and health insurance. The study estimated that cutting U.S. administrative costs to Canadian levels would have saved more than $600 billion. more

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