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Healthcare | How Administrative Costs Bog Down The American System

Healthcare | How Administrative Costs Bog Down The American System

A recent Bloomberg article highlights a unique and rather large issue with the current U.S. healthcare system. This issue is the literal and unending amount of administrative staffing and its subsequent paper trail. In essence, the costs of administration, billing, settling payments are three times as much as in other affluent, developed countries. How Bad Is The Red Tape? When most people think of the healthcare system, they imagine care providers from nurses to doctors to pharmacists, etc. Little do…

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