Tuesday, December 2, 2008


We’re getting suckered in healthcare. Some experts think that as much as half of our annual $2.3 trillion healthcare expenditures are wasted.

“A high-performance 21st-century health system, they say, must revolve around the central goal of paying for results. That will entail managing chronic illnesses better, adopting electronic medical records, coordinating care, researching what treatments work best, realigning financial incentives to reward success, encouraging prevention strategies and, most daunting but perhaps most important, saying no to expensive, unproven therapies.”
Also, and just as importantly, nobody seems to mention how much we could save if we cut out the profits needed by all the middlemen between your illness and the doctors who treat it. Single payer health care is the only pragmatic solution.