20 November 2007

US health care

from Cigna's analyst meeting:

Company said that the US system is 2x as expensive as others for the following reasons:
1. Hospitals $150-200B - US hospitals are smaller, more conveniently located, and have 50-55% occupancy (vs 95% occupancy).
2. Obesity, smoking $150-200B. Other countries are becoming more like US in obesity.
3. more CAT scans, MRIs, stents, etc

GM vs Toyota
$1800 vs $200
health care related costs per auto

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