Cost-Containment And The Need For Health Courts

Law360, New York (March 09, 2010, 1:58 PM ET) -- American health care may bankrupt the nation, unless the waste is wrung out of the system. The size of that waste is staggering: $700 billion[1] to $1 trillion[2] every year — an estimated 30 percent to 40 percent of total costs[3].

Studies indicate that the largest drivers of waste, with rough percentages each contributing to unnecessary costs, are these: fee-for-service incentives for unnecessary care (50 percent)[4], the lack of consumer responsibility (40 percent)[5], defensive medicine (20 percent)[6], excess bureaucracy (20 percent)[7] and fraud (10 percent)[8]....
To view the full article, take a free trial now.

Already a subscriber? Click here to login

You must correct or enter the following before you can submit this form:

All fields required

  5. Required

Only Law360 gives you:

Non-stop coverage of high-stakes litigation across 30 practices

Real-time tracking and reports on 10,000+ companies, firms and industries

Over 80,000 attorney profiles with neutral data collected from active lawsuits

Research tools to find cases, court documents, attorneys and companies

Customized feeds and alerts that can easily be shared with colleagues

In-depth expert analysis from high-profile attorneys at top firms

Access to our vault with over 75,000 original articles