Who’s reining in hospital costs and cutting waste?
MANY people feel foolish every April when they get hit yet again by above-inflation health fund premium rises. A family paying $2000 in 2002 would now have to shell out $4840 for the same policy. Funds cop the flak, but what about hospitals and doctors? Medical costs and the number of expensive procedures have exploded. A Four Corners program found knee replacements cost the health system more than $1 billion a year and a fifth were unnecessary.