Letters to the Editor

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DEBT: Study shows medical spending waste

Letter by John E. Nygard, Tacoma on Dec. 5, 2012 at 1:21 pm with No Comments »
December 5, 2012 1:21 pm

The Institute of Medicine released a study in September about improving health care and reducing costs. Congress should take note that wasted spending amounts to $765 billion. This includes $75 billion in fraud, $55 billion in missed preventive care, $130 billion in preventable mistakes, $190 billion in bureaucracy costs, $210 billion in unnecessary services and $105 billion in excessive prices.

Eliminating this waste would be a substantial help in the current fiscal mess. Both liberals and conservatives should be crying foul. But I would bet we won’t hear a peep unless we as taxpayers express our concern by sending these figures to those who represent us.

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