AStanford Medicine-led study has found that borrowing certain billing- and insurance-related procedures from other countries could lead to policies that drastically lower healthcare costs in the U.S.

The new study, published in the August edition of Health Affairs, compares costs of healthcare administrative processes in the U.S. with those of five other high-income countries. Here, administrative processes account for about 30 percent of healthcare costs—the highest in the world.

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