Well stupid, that is what the insurance does, pay for it.
YES! OK! Good! Now you are at least caught up to the rest of the class! So OK, if all a health insurance company does is pay for the care your doctor gave you, then why are we allowing those companies to take as much as 20% of every dollar we pay in premiums for themselves? Why do we allow that when Medicare does the exact same thing, but does it for about 3% overhead? Don't you want to save money? The "paying" the insurance company does has another word...it's called
administration. So in what world is a
20% administration fee acceptable? Even Ticketmaster doesn't charge 20%. That's not even getting into the fragmented multi-payer market which is why drug costs are so high.
You're far too much a pathological liar to have a reasoned discussion with.
No, the problem is you're a fucking idiot who postures on the internet message boards for the sake of your own pathetically fragile ego. So run Forrest, run!!! Run away lik the fucking coward we all know you are. Adios! Adieu! Shalom! Aloha! Sayonara! Bye bye, fragile ego boy!
What the company "takes: is none of your business. If you don't like what the company "takes' go to a different company.
Further, as a fascist you are yet again lying. (It's what you do.) Private insurance does not "take" the 20% you are lying about, the overhead is in the COMPANIES that provide insurance. If you had even had a private sector job, which you have not, the HR function of the company would have to manage intake forms and open enrollment, as well as COBRA. This is typically about 7% but can rise as high as 20% in smaller companies.
As far left Politifraud points out;
{However, the administrative burden for private plans get more complicated the deeper you dig. There are large variations between different types of insurance plans. The data cited by CBO found that administrative costs were about 7 percent for employers with at least 1,000 employees, but 26 percent for firms with 25 or fewer employees. }
So despite you lies Anthem and Cigna are not putting this overhead on the consumer.
Further, you and Barbra Boxer who did your thinking for you didn't relate the facts.
{When we asked Boxer’s office for their source for the 20 percent-to-30 percent statistic, spokesman Andy Stone told us that prior to passage of the Democratic health care bill in 2010, health plans in California were only required to spend 70 percent of premiums on medical care, with insurers able to spend up to 30 percent on profits and administrative costs. He also cited some opinion and news articles that cited figures in the 20 percent to 30 percent range, and even higher.
We don’t doubt that there are cases in which overhead reaches or exceeds 30 percent, but those cases are both anecdotal and at the high end of the range. The averages cited by CBO and CMS are significantly lower -- 11 percent to 12 percent -- and many of the bigger plans undercut even that level.}
Even MORE telling is the dishonesty in calculating the overhead of Medicare;
{The difference stems from whether Medicare essentially freeloads off other parts of the federal government for services that private insurers have to pay for on their own. }
Barbara Boxer says Medicare overhead is far lower than private insurers' overhead
