Tuesday, May 19, 2009

Mr Obama, Healthcare is Not expensive in spite of Govt

It is expensive BECAUSE of government. For starters Medicare/Medicaid regulations are THREE Times the size of the IRS code.

Commonwealth study: time spent interacting with third-party payers per physician per year: doctor: 3 weeks; nurses: 23 weeks; clerical staff: 44 weeks.

PWC/AHA study: for each hour of patient care, there is 30 minutes of paperwork. In the emergency room, the ratio is one to one.

Commonwealth study: the cost of interacting with health insurance plans is $68,274 per physician per year.

PWC/AHA study: Medicare and Medicaid have 130,000 pages of rules and instructions. That's three times the size of the IRS code and federal tax regulations.