News Headlines Article

U.S. must move from insurance-based payments

In last week’s column, I attempted to show how our insurance-based health-care payment system creates most of our problems.

The system makes dishonesty easy. It is impossible to know what service or product went to a patient by simply relying on what the provider claims he did in writing. Verification is impossible, especially considering that Medicare alone processed more than 1 billion claims last year.