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20% of Healthcare Dollars Spent on 1% of Population
The top 5% of the U.S. population, which accounts for half of all healthcare expenditures, may yield the biggest opportunity for realizing savings, suggests a report from the Agency for Healthcare Research and Quality.
First, I will admit I didnt thoroughly read the report. When this started being played on the news, my thought was - what is the point? Insurance is meant to spread risk. There are catastrophic health events for a small percentage of people. That will always be there. So a very limited number of people will have the highest cost. We are not all going to spend evenly. If we did, then we wouldnt need insurance. And hopefully health care providers already know to focus on the top spending conditions like cancer or cardiac. Unfortunately, maybe the focus has been on using resources to delay the inevitable and hence the enormous cost for the 1%. But to 'blame' the 1% - which hopefully people won't due based on this report, is absurd. IMHO