Law360, New York (March 09, 2010) -- American health care may bankrupt the nation, unless the waste is wrung out of the system. The size of that waste is staggering: $700 billion[1] to $1 trillion[2] every year — an estimated 30 percent to 40 percent of total costs[3].
Studies indicate that the largest drivers of waste, with rough percentages each contributing to unnecessary costs, are these: fee-for-service incentives for unnecessary care (50 percent)[4], the lack of consumer responsibility...
