Nearly 4 Times More Spent On Health Insurance Costs By US Physicians Compared To Their Canadian Counterparts

U.S. physicians spend nearly $61,000 more than their Canadian counterparts each year on administrative expenses related to health insurance, according to a new study by researchers at Cornell University and the University of Toronto. The study, published in the August issue of the journal Health Affairs, found that per-physician costs in the U.S. averaged $82,975 annually, while Ontario-based physicians averaged $22,205 - primarily because Canada's single-payer health care system is simpler. Canadian physicians follow a single set of rules, but U.S...

dr oz