Medical Greed & Defensive Medicine Makes Us Sicker And Poorer [VIDEO]
Medical greed and defensive medicine results in unnecessary medical care and adds hundreds of billions of dollars per year to the cost of healthcare in the U.S., more so than in any other country in the world. More healthcare does not mean better healthcare necessarily, and in fact can mean unnecessary risk, injury and even death. Overly aggressive medical treatment is estimated to cause 30 000 deaths among Medicare recipients alone each year. Overall, unnecessary interventions are estimated to account for 10-30% of spending on healthcare in the US, or $250-800 Billion annually.
Healthcare providers can make more money by providing unnecessary treatment in many cases. What if their reimbursement was based on providing the RIGHT treatment? Imagine the revolutionary changes in medicine this would bring about. If only it were possible.
Law Med alone has had the experience of intervening to prevent unnecessary surgeries in both of his aging parents. A gall bladder removal in one and a mitral valve repair in another. How much was incompetence and how much was greed is up for discussion, but the answer is immaterial. Either way patients are put at risk and physicians should be fired…..by the patients.
This video features Shannon Brownlee, acting director of the New America Health Policy Program and author of Overtreated: How Too Much Medicine is Making Us Sicker and Poorer, and David Himmelstein, professor at the City University of New York School of Public Health, and Vikas Saini, a Harvard cardiologist and president of the Lown Cardiovascular Research Foundation. Reporter Jeanne Lenzer investigates over-treatment at the heart of healthcare’s high cost.
Read more about the problems of overtreatment in Jeanne Lenzer’s feature article Unnecessary care: are doctors in denial and is profit driven healthcare to blame? http://www.bmj.com/content/345/bmj.e6230
, medical greed