Some good comments on the amount of waste in the US healthcare system, amounting to some $750 billion (about one-third), estimated by the Institute of Medicine, and some observations about waste in the Canadian system (our major advantage is the reduced admin costs of a single payer system). Quote:
The IOM has put the failures into context through some easy-to-understand analogies. To wit:
If banking were like health care, automated transactions would take days rather than seconds because of unavailable or misplaced records.
If home building were like health care, carpenters, electricians and plumbers would work from different blueprints, with very little co-ordination.
If shopping were like health-care, prices would not be posted and would vary widely within the same store.
If automobile manufacturing were like health care, there would be no warranties for cars and therefore no incentive to monitor and improve performance and product quality.
If airline travel were like health care, each pilot would be free to design his or her own pre-flight safety check, or not perform one.