Re:Life expectancy in the U.S. is declining for middle-aged ...
by davinic on Monday December 02, 2019 @11:04AM
(#21683621)
US healthcare spending represents $3.4 trillion[0]. $6.3 billion is only 0.18% of the total costs.
Not to mention that malpractice claims paid has decreased substantially (55.7%) in the last 2 decades [1].
[0]: https://www.cms.gov/Research-Statistics-Data-and-Systems/Sta...
Re:Life expectancy in the U.S. is declining for middle-aged ...
by davinic on Monday December 02, 2019 @11:33AM
(#21683953)
And for a reference, we spent around $30 billion in the US in 2016 for healthcare marketing and advertising.
https://www.wbur.org/commonhealth/2019/01/08/medical-marketi...
Re:Life expectancy in the U.S. is declining for middle-aged ...
by kube-system on Monday December 02, 2019 @11:50AM
(#21684134)
Also from your source:
> Mean compensation amounts and the percentage of paid claims exceeding $1 million increased
I'm not saying it's a huge component of healthcare costs overall, I'm just saying malpractice not a good profit motive.
>A report issued by the US Department of Health and Human Services estimated the cost of malpractice insurance to doctors alone at $6.3 billion in 2002; with an additional cost of $60–108 billion related to the practice of defensive medicine, i.e., costs related to physician behavior in response to the threat of a lawsuit alleging medical negligence
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2628513/