Tired of long wait times and crowded emergency rooms in Canada's hospitals? Well, consider this: a new study has found that the amount of time and money spent on administrative duties in the Canadian health care system is a fraction of what's required by the U.S. system.
The University of Toronto and New York's Cornell University teamed up on the study. They found that U.S. doctors pay an average of nearly $83,000 each in administrative costs, while doctors based in Ontario pay just over $22,200. It's not just money, either - in the U.S., nurses and medical assistants spend nearly 21 hours a week (!) filing insurance papers. Here? More like 2.5 hours.
And the real kicker is that according to the study, if U.S. health care practitioners could get their insurance efficiency in line with Ontario's, they would save $27 billion a year. So, while our health care system isn't perfect, it's got some people in the U.S. thinking they could learn a few things from us.