30 cents of every medical dollar

(stock photo / John Moore/Getty Images)

Report: U.S. Health Care System Wastes $750B A Year

The U.S. health care system squanders $750 billion a year – roughly 30 cents of every medical dollar – through unneeded care, byzantine paperwork, fraud and other waste, the influential Institute of Medicine said Thursday in a report that ties directly into the presidential campaign.

CBS Seattle–09/06/2012

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