Is there wasteful spending in health care in the U.S.? Sure. Here’s Michael F. Cannon on the subject:
Experts suggest that one-third of U.S. health care spending, or about 6% of GDP, is pure waste. The reason is simple: Government controls half of our nation’s health care dollars, and lets employers control an additional quarter. And nobody spends other people’s money as carefully as they spend their own.
Cross-posted from State House Call.