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Editor's Notes
14% of US health care costs, or approximately $360 billion per year is spend on administration costs Could smart cards change Medicare? $163 billion, almost ½ of billing costs are borne by Medicare, Medicaid and insurance companies. The other ½ are born by doctors and hospitals. United Health Care electronic billing and credentialing could save $32 billion; 50% to physicians, 30% to insurers, and 20% to government.