Further, we know from our own single-payer system (Medicare) that a) overhead is far less as a percentage, than private insurance;
Good thing that Medicare costs are ten times less than they were claimed to be, back when the program was started!
Oh yeah....Never mind.
Attaboy, Oddball. Let's relive the 60s, shall we?
Now then, whoduh ever thunk that healthcare costs, driven largely by insurance costs, would outpace inflation by a factor of two, and approach nearly 20 cents of every dollar in our economy? Not me. And seemingly, not folks in LBJ's Admin. Go figure.
Meanwhile, in other of them commie-lefty regimes, like France, Switzerland, etc., who have single-payer and lack all the terrific cost saving / service improving benefits of a for-profit market, they pay about half and live longer while also having about half as many still-born little miracle, on average, as we do.
Go figure.