How Big is the Hospital Medical Supply Waste Problem?
Medical supply waste costs Americans billions of dollars every year. Soaring health care costs caused the average person to spend $9,990 on their annual care costs in 2015. In the 60s, people spent $146 per person on health care. When adjusting for inflation, people in the 60s spent 4% of their earnings on health care, while people today spend 6% of their earnings on care costs. Healthcare costs are expected…