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Studies have backed up the notion that paperwork is where most of the excess cost in the U.S. health care system comes from. By now almost everyone knows that American health care costs more than health care anywhere else in the world: the most recent studies show that American health care costs more than 16 percent of GDP, compared with notoriously socialistic states like France (its next-closest competitor) at around 11 percent, Sweden at 9.1 percent, and England at 8.4 percent. Americans spend an average of about $7,200 a year on health care, compared with the roughly $2,900 average for the ...more
Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America
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