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The True Cost of a Flawed Health Care Paradigm

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  • Americans spend twice as much on health care per capita than any other country in the world; more than 17 percent of US gross domestic product, or $2.7 trillion dollars every year, is spent on health care
  • Despite all of this spending and pill-popping, the US ranks dead last in terms of quality of care among industrialized countries, and Americans are far sicker and live shorter lives than people in other nations
  • A review of US healthcare expenses revealed that 30 cents of every dollar spent on medical care is wasted, adding up to $750 billion annually. Major areas of waste include excess administrative costs, inflated prices, and fraud
  • Generic medications can cost 100 times less than their brand-name equivalent, and usually cost less than most insurance co-pays. This means you might actually pay LESS by purchasing a generic medication out of pocket
  • Most diagnostic tests and procedures are inexpensive to perform. However, the charges for these tests and procedures typically have no relation to the actual cost. Hospitals routinely bill 10 or more times what they expect to be paid

By Dr. Mercola

Americans spend twice as much on health care per capita than any other country in the world; in fact, according to a series of studies by the consulting firm McKinsey & Co, the US spends more on health care than the next 10 biggest spenders combined: Japan, Germany, France, China, the U.K., Italy, Canada, Brazil, Spain, and Australia. Other astounding statistics include:


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