Medical malpractice payouts and premiums are only about 1.5% of the total annual healthcare costs.
Oh yes, what about the nearly $3 billion spent on pharmaceutical advertising (0.13% of total healthcare costs)?
And tort reform is the way to control costs. Or curbing pharmaceutical spending must be the answer. Or maybe we should cut physician salaries by 10% and save 1% of total healthcare costs.
Damn, I’m on a roll. I’ll have this thing figured out soon.