2.7 - Waste in US Healthcare System

Waste in the US Health Care System

$935 Billion A Year [Nearly a Trillion]

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Estimated Costs and Potential for Savings

The estimated cost of waste in the US health care system ranged from $760 billion to $935 billion, accounting for approximately 25% of total health care spending, and the projected potential savings from interventions that reduce waste, excluding savings from administrative complexity, ranged from $191 billion to$282 billion, representing a potential 25% reduction in the total cost of waste

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Six Waste Domains With Cost and Intervention Components

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Medical Debt in the US, 2009-2020

Americans owe nearly twice as much medical debt as was previously known, and the amount owed has become increasingly concentrated in states that do not participate in the Affordable Care Act’s Medicaid expansion program