Monday, March 9, 2009
New Ammunition Data re Single Payer... the FACTS...
"...High health expenditures in the United States may also reflect to some extent high costs beyond
those strictly related to the delivery of health-care services. Angrisano et al. (2007) estimate that US health
expenditure in 2005 was $477 billion (out of a total of $1.9 trillion) higher than in peer countries (Japan,
Germany, France, Italy, Spain, and the United Kingdom) after adjusting for GDP per capita and that 36%
of this amount was attributable to higher intermediation costs10 ($98 billion) and to higher profits and taxes
on them ($75 billion)...."
Angrisano, C., D. Farrell, B. Kocher, M. Laboissiere, S. Parker (2007), “Accounting for the Cost of Health
Care in the United States,” McKinsey Global Institute, January.
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