The United States spends more on health care than do 13 otherhigh-income countries, according to The Commonwealth Fund’s “U.S.Health Care from a Global Perspective” report.
It is estimated that nearly 20 percent of that spend goes towaste, including overtreatment, lack of care coordination, andfraud.[1]
Minimizing wasteful medical spending —spending that could be cut without negatively affecting access tocare, quality of care, or health outcomes — represents asignificant opportunity to reduce not just direct medical costs butcosts associated with insurance premiums, which have beenincreasing between 3 and 13 percent per year since 2000 andoutpacing inflation and earning increases (which usually hoverbetween 2 and 4 percent).[1, 2]
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