Medicare denies more claims than all private insurance combined

[HappySqurriel]

highwaystar101 said:

HappySqurriel said:

There is an element of this which is not surprising being that medicare covers the elderly which tend to require the most (and the most expensive) treatments. With that said, being that the United States spends as much per-capita on Medicare and Medicaid as other developed nations spend on their entire healthcare systems, this does beg the question "where is all the money going?"

 

I believe the money is being wasted on a criminally inefficient system. Although I like the idea of medicaid in theory, I do not agree with how it is run and the way it has acted on solving certain logistical issues. It operates in a very flawed manner imo. I think a hybrid system where the national sector could go to benefit 100% of Americans could be done in a way which operates far more efficiently than the current system.

The entire concept of Healthcare that the world uses today (the treatment of sick people) is critically flawed and changing who pays for it doesn't make much of a difference ...

The old cliche your grandmother probably knew well "A dime of prevention is worth a dollar of cure" is still correct today, but worldwide the dime of prevention is an ignored concept so we can fund people to produce the dollar cure.