Here's where the insurance companies really fail us. They over-pay hospitals, specialists and drug companies and then raise premiums to cover the costs. Further, when they pay hospitals 115% of what it should cost to care for a patient, they are paying for inefficiency that can be dangerous.
Watching the economies in various parts of the world, I believe that there is scope for improvement everywhere. There is some corruption and inefficiency everywhere.
The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.
The average man has a carefully cultivated ignorance about household matters - from what to do with the crumbs to the grocer's telephone number - a sort of cheerful inefficiency which protects him.
We cannot afford idleness, waste or inefficiency.
My mother's illness fitted into this protest against the treatment of the sick who could not pay, the inefficiency of commercialism, the waste, the extravagance, and the poverty.
The only thing that saves us from the bureaucracy is its inefficiency.
We've never thought too deeply about the roles things like forgetting or partisanship or inefficiency or ambiguity or hypocrisy play in our political or social life. It's been impossible to get rid of them, so we took them for granted, and we kind of thought, naively, that they're always the enemy.
I think health care is absolutely ripe. It's an $8 trillion industry, lots of inefficiency in it.
In this country protection has always, to some extent, existed; but at some times it has been efficient, and at others not; and our tendency toward freedom or slavery has always been in the direct ratio of its efficiency or inefficiency.
