found online by Raymond
From Iron Knee at Political Irony:
A study published this week provides hard facts about the truly bad deal the US is getting for health care. Simply put, the US for-profit health system costs four times as much than Canada’s single-payer system. Even though the two systems provide roughly equivalent results.
Why? Because of a veritable army of administrative workers who play no direct role in providing actual medical care, and the cost of paying dividends to shareholders of insurance companies. These administration expenses add up to an annual cost of $817 billion, which is an average of $2,497 out of the pocket of every American man, woman, and child every single year.