There is NO reason anyone should be making 7 figures as an insurance bureaucrat.
7 figures is a drop in the bucket compared to the Medicaid/Medicare budget
You're talking about giving more administrative responsibility to a government that cannot keep 12 million illegal immigrants from crossing its border.
A government that cannt regulate investments in "derivatives."
A government that cannot control the activities of goat-herding "terrorists" after 8 years and $$$Billion$
There is absolutely no basis to believe a Public Option would be well managed by the US government.
There's one. Social Security.
1.2% efficiency compared to 22%.
Derivatives are something our government, at the behest of Alan Greenspan and a well-oiled financial lobby, chose very purposefully not to regulate. To the chagrin of Mr. Greenspan too, in hindsight.
FRONTLINE: the warning: interviews | PBS
Brooksley Born - Google Search
There is a huge difference between 'incompetent' and 'calculated theft'.
Not sure how the comment "1.2% efficiency compared to 22%" Justifies saying that the government well manages social security? But then, I didn't mention social security as an example of government's ability to manage anything better than a for profit business, because I don't see how the comparison can be made: What business competes with SSI?
To my knowledge, I have no choice other than to pay SSI, or to become a Government Employee, and then reap an unusually generous federal retirement benefit.