“About a third of what we spend on health care is not adding clinical value”
Len Nichols, director of the Health Policy Program at the New America Foundation, says there are two driving factors for the high cost of U.S. health care compared to other countries: one is that employers bear a larger share of the costs for the total health care structure, and the second is that the health care system is inefficient. He says the U.S. spends twice as much on health care as the Organisation for Economic Co-operation and Development (OECD) average, and that about one third of the money spent on health care is not adding clinical value. (0:49)
May 9, 2008
Categories
Latest Audio
Happening Now - TRNS on Twitter
- @travisAmartinez: Sen. Specter and Leahy bones it out before the vote. Lieberman and Burris high five after the vote.. -- 17 minutes ago
- @jackrice: So 60 votes in the Senate. Now come the real fight. -- 41 minutes ago
- @bobney: Sen. George Voinovich: Why waste time on a badly flawed health-care bill? | OPEN: Ohio Politics - cleveland.com - - ... http://shar.es/aiCnd -- 43 minutes ago
- @jtamboli: Voinovich didn't vote because he's in Cleveland celebrating the beginning of his political career. http://bit.ly/85eHNR .. -- 44 minutes ago
- @travisAmartinez: With 60 votes Senate agrees to begin debate on health care reform bill.. -- 53 minutes ago
- @bobney: Buckeye Blitz !!!!!!!! Another year down -- 5 hours ago
- @jackrice: I Embed with the the 82nd Airborne in Afghanistan in Dec. http://ff.im/-bOlF2 -- 7 hours ago
- @bobney: Wow, money for votes, doesn't that get you in trouble? :-) - POLITICO.com - http://shar.es/aiGGE -- 7 hours ago
- @bobney: Senator Mary Landrieu (D-LA) will vote for cloture to begin the healthcare debate, has reserved her right to vote no on passage -- 7 hours ago
- @tdowlats: RT @huffingtonpost Reporters Uncensored: How to Build a Continent: A Do it Yourself Guide http://bit.ly/48dl6X -- 9 hours ago