Cost-Containment And The Need For Health Courts

Law360, New York (March 9, 2010, 1:58 PM EST) -- 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]....
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