Seeking Surgery at 80? You're Not Alone

Donald Berwick says 20-30% of health care spending helps no one

(NEWSER) - Between 20% and 30% of all US health care spending is pure “waste,” according to departing Medicare and Medicaid chief Donald Berwick. “Much is done that does not help patients at all, and many physicians know it,” Berwick said in an interview with the New York Times on Thursday, his last day on the job. He cited overtreatment of patients, the failure to coordinate care, complex administrative systems, burdensome regulations, and fraud as the main reasons for the “extremely high level of waste.” More»

Dems scramble to pass bill before true price emerges

(NEWSER) - The Democrats are in a race against time to get a health care bill passed before the public realizes the scale of the hidden burdens involved, writes Michael Gerson. The money to provide comprehensive coverage to everyone has to come from somewhere, and young people, seniors and union workers who received "Cadillac" health plans instead of pay hikes will be footing much of the bill, Gerson writes in the Washington Post. More»

A third of spending is lost to pointless treatment, paperwork, fraud

(NEWSER) - A study by Thomson Reuters released today confirms President Obama's contention that the American health care system is hemorrhaging billions of dollars a year, with one-third of the cost of care wasted on inefficiency, mistakes, and fraud. The report, which cites dozens of research papers, finds that about $700 billion is misspent each year, 37% of which is attributed to overuse of antibiotics and tests to avoid malpractice exposure. More»

(AP) - Millions of older people face shrinking Social Security checks next year, the first time in a generation that payments would not rise. The trustees who oversee Social Security are projecting there won't be a cost of living adjustment (COLA) for the next 2 years. That hasn't happened since automatic increases were adopted in 1975. More»

Hospitals profit from unnecessary cesareans

(NEWSER) - American women are risking their health and driving up medical costs by having too many cesarean sections, the Los Angeles Times reports. The most common operation in the US, the C-section is used in 31% of births and accounts for 45% of rising birth costs. It can also lead to infections, blood clots, and premature births. And it often isn't necessary, medical experts say. More»