Doctors in the United States spend almost four times more on health insurance administrative costs than their Canadian peers, according to new data.
Researchers from Cornell University and the University of Toronto found that per-physician costs in the U.S. averaged $82,975 each year, while Ontario-based doctors averaged $22,205. The difference is primarily attributed to Canada's single-payer health care system, which researchers say is simpler.
Canadian physicians follow a single set of rules while U.S. doctors grapple with different sets of regulations, procedures and forms mandated by each health insurance plan or payer.
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