Health care is plagued by wasteful practices Inefficient insurance claims process: markups, billing mistakes, overcharges, etc The difficulty in comparison shopping because it’s hard for providers to give a definitive cost beforehand Variations in the way a doctor treats a patient — doing expensive procedures when less expensive treatments available and just as effective… hospitals have incentive to do more expensive procedures… that’s how insurance companies pay them… (Source: CNN.com – Health)

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