Wasteful Medical Spending Clogs Health Care Industry

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CNN: "Consider this: For every dollar the nation spends on health care, 50 cents is wasted. According to a 2008 report by Pricewaterhouse Cooper's Health Research Institute, wasteful spending accounts for $1.2 trillion of the $2.2 trillion spent on health care in the United States." CNN says the waste includes "costs associated with inefficient insurance claims processing, defensive medicine, preventable hospital readmissions, medical errors, and unnecessary emergency room visits...


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