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Soundry Health, using data from OECD, analyzed why the U.S. health care system has high administrative costs and explained ways to reduce them.
Are health care costs rising? Health care spending has spiraled upward for decades. Total national health spending has more than doubled since 2000, after inflation, from $2.2 trillion to $4.9 ...
There are multiple reasons why health care costs are rising swiftly now, said Debbie Ashford, the North America chief actuary for Health Solutions at Aon, which pegs the increase at 8.5% for 2024 ...
Given this uptick in costs, it's not surprising to learn that as of March 2024, 25% of Americans had skipped or postponed health services over the past 12 months because of cost, according to the ...
As high-deductible health plans rise across the country, with many individuals having deductibles of $2500 or more, their ability to pay for costly procedures diminishes, and hospitals end up covering the cost of patients care. Many health systems are putting in place price transparency initiatives and payments plans for their patients so that ...
Conservative and libertarian arguments against a government role in healthcare emerged in the 1910s, as public concern was growing about the problems of health care access and high medical costs. In the 1930s, president Franklin D. Roosevelt's legislation for universal health care was vehemently opposed and attacked by the American Medical ...