20 Ways our healthcare system wastes money and prioritizes profits over patients

20 Ways our healthcare system wastes money and prioritizes profits over patients 
World of DTC Marketing - Healthcare Insights; by Richard Meyer; 12/8/24 
Every year, over a half million Americans go bankrupt—often losing pretty much everything they’ve worked their entire lives for—because someone in their family got sick. In 2018 alone, the United States wasted $ 256 billion on “administrative expenses” associated with for-profit health insurance, including multimillion-dollar salaries and armies of bean counters who scour claims looking for reasons to reject payment of hospital, doctor, and pharmaceutical bills. Our healthcare system wastes money and puts patients’ lives at risk. [The list includes:]

1. Administrative Overhead ...
2. Overpricing of Drugs and Treatments ...
3. Unnecessary Tests and Procedures ...
4. Profit-Driven Insurance Models ...
5. Private Equity in Healthcare ...
6. Excessive Executive Compensation ...
7. Lack of Preventive Care ...
8. Hospital Pricing Practices ...
9. Fragmentation of Care ...
10. Focus on Revenue-Generating Services ... 
11. [Click on the title's link to continue reading this list]