7 Companies that Provide the Best Healthcare Coverage

Statistics of US Healthcare

Fixing a Broken Healthcare System in the United States

There are a lot of people upset about the continuing war on terrorism from a cost standpoint. The idea of spending $750 billion on a war in the Middle East over the course of a decade when that money could have been spent at home is an understandable concern. Yet when one looks at the healthcare system in the United States, Americans are spending $750 billion every year on wasted medical expenses!

Think about that: Americans lose just as much in healthcare expenses every year as the entire war in Iraq cost over a decade. That’s a sobering statistic!

Where Is the Primary Problem In Today’s Healthcare Industry?

The biggest problem that American patients are paying for are unnecessary procedures! Americans spend $210 billion on procedures that they don’t even need! So why would they spend this money? Sometimes procedures are done for peace of mind and that is understandable. Sometimes procedures are ordered to pad the bottom line of a clinic or hospital. Each circumstance is unique, but the wasteful spending is evident in every community.

There’s also a lot of concern about medical fraud, but the costs of excessive administrative fees is triple the cost of fraud in the system every year.

19% of Americans Can’t Afford Their Healthcare

One out of every 5 families in your neighborhood can’t afford the healthcare they need. In comparison to the rest of the world, this is more than double the rate of any other country! It would be one thing if doctors were being paid in the United States for the quality of care they provide, but they are not. In the U.S., only 30% of doctors are paid a fair, competitive rate for services rendered – 70% are being overpaid!

In comparison, 95% of British doctors are paid based on their quality of care. Even in Australia, 72% of doctors are paid fairly!

A Similar Percentage of Americans Experience Medical Malpractice

Humans are fallible and medicine is not a perfect science. Taking that into account, however, 1 in every 5 families in your neighborhood will also experience some form of medical malpractice over their lifetime. We’re not talking about a basic error in healthcare – we’re talking about a misdiagnosis. Americans that have a chronic disease are even more likely to experience some form of malpractice!

How bad is this issue? On average, 1 out of every 7 Medicare patients will receive an injury while they are under the care of a doctor at the hospital. Some estimates say that there will be up to 40 procedures performed on the wrong patient this week alone. These problems lead to the unnecessary deaths of almost 200,000 people every year.

It’s time to stop complaining and start doing something about the American healthcare industry. All ideas should be welcome. The proof is there – the system is broken. Why wait to take action until something happens to you or someone you love? Take action today!

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