InsuranceHeadline.com Home Headline Home Searh Insurance Directory Listings by State, City Zip Code or Detailed Keyword Search! Search News  Company Index  Add Your Listings to The Insurance Phone Book! Advertise Manage Insurance Phone Book Directory ListingsEditor Login

Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Headline News | Life & Health | Property & Casualty | Financial & Investments | Banks & Thrifts | Syndicate News

1
Home L&H P&C F&I Post Feeds RSS Search
 


 Free Insurance & Financial Headline Newsletters - Subscribe Today!

Choose Newsletters

Daily Headlines

Weekly Headlines

Product Promo's

Job Offers

Enter Your E-mail

Advertising Options

Post Press Releases

Post Insurance Articles

Online Advertising

Newsletter Advertising

Company Sponsors

Resources

Insurance Newsletters

Company News & Stocks

Syndicate News

InsHeadlines on Twitter

Industry Links

Archive
Su Mo Tu We Th Fr Sa
 1  2  3  4  5  6
 7  8  9  10  11  12  13
 14  15  16  17  18  19  20
 21  22  23  24  25  26  27
 28  29  30  31

1



Email to a friend | Print this | PDF version
See your advertisement here
U.S. health insurance red tape costs $27 billion

 by UPI.com
 Aug 04,2011

Share |

ITHACA, N.Y., Aug. 4 (UPI) -- The U.S. health insurance bureaucracy costs doctors some $27 billion extra per year compared with Canada's single-payer system, researchers found.

The study, published in the journal Health Affairs, found per-physician costs in the United States averaged $82,975 annually, while physicians in Ontario averaged $22,205 -- primarily because Canada's single-payer healthcare system is simpler.

Study co-author Sean Nicholson at Cornell University's College of Human Ecology and colleagues at the University of Toronto found U.S. physicians spend nearly $61,000 more than their Canadian counterparts each year on administrative expenses related to health insurance.

Physicians in Canada follow a single set of rules because of their single-payer system, while U.S. doctors grapple with different sets of regulations, procedures and forms mandated by each health insurance plan or payer, Nicholson said.

This bureaucratic burden falls heavily on U.S. nurses and medical practice staff, who spend 20.6 hours per physician per week strictly on administrative duties, while their Canadian counterparts spend only 2.5 hours, Nicholson said.

"Health insurance companies put some of these rules in place to keep healthcare costs down," Nicholson said in a statement. "The $27 billion of 'extra' cost to physicians have to be balanced against some of the benefits that come from following these rules."

© 2011 United Press International, Inc. All Rights Reserved.



Share |

Did you enjoy this article? Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00 (total 68 votes)
Related news

No matching news for this article

Comments (0 posted) 


Headline Sponsors


Sponsor

Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Copyright© 2005-2010 Insurance Syndication, LLC

Powered by: InsuranceHeadlines.com - InsurancePhonebook.com

Top Insurance News - Follow InsHeadlines on Twitter

Follow Insurance Headlines on Twitter and Share Insurance Industry News

About Us | Privacy Policy | Terms & Conditions | Insurance Newsletters | Free News Feeds | Advertise | Company Sponsors | Insurance RSS | Industry Links