Fixing Health Care with Software
Monday, June 4th, 2007I have watched parts of presidential elections and one comment which has come up a few times from both Republicans and Democrats that has stuck in my mind. The comment is about how much the cost of paperwork makes up the overall cost of health care. A study at Harvard Medical School shows that the cost of paperwork was $294.3 billion in 1999. The numbers from Bill Richardson's website show that administrative costs are at 31%. Much of it is the paperwork related to insurance forms. Since the cost of health care seems to have skyrocketed the past few years it has become a big issue that the candidates have to address and most of them say the solution is to reduce the administrative costs by leveraging IT, which means replacing the paperwork with electronic documents and software.



