Thursday, May 28, 2009

Health Insurance Industry Cuts Costs, Too

WASHINGTON — A major health insurer says the government can save more than $500 billion in Medicare spending by sending patients to less expensive, more efficient doctors; reducing hospital visits by the elderly; and cutting unnecessary care.

Those are among 15 suggestions made Wednesday by UnitedHealth Group Inc., a Minnesota-based health-management company that is the biggest participant in the government's Medicare insurance program for the elderly.

So, when the government talks about cutting health care costs by avoiding wasteful and superfluous spending, it's "rationing," but when private industry does it, it's just efficient and good business?

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