Thursday, July 10, 2014

Corruption, fraud and bureaucracy cost US healthcare system up to $272 billion annually


The price of centralized healthcare extends far beyond just the costs of providing medical services, as a new study published in the British Medical Journal (BMJ) reveals outrageous levels of fraud and corruption that are costing taxpayers billions of dollars. 

According to data compiled as part of a larger research project into medical corruption, the U.S. loses as much as $272 billion annually due to things like medical embezzlement and insurance billing fraud, both of which are rampant .... http://www.naturalnews.com