Simple question: If you have a single payer system

[g5000]

yep, just what we need, another inefficient expensive govt beaurocracy. can you say post office times 10?

It is, unfortunately, inevitable now.

death and taxes are inevitable. Obamacare is not. single payer medicine is not.

That is the track we are on. The GOP never did anything to stop this trend. After ObamaCare bombs, the people will cry out for single payer.

When the GOP had all the power, they actually added a trillion dollar government entitlement for seniors, without paying for it. They did not move toward free market solutions.

Thus, inevitable. We have been sold down the river.

 

[Redfish]

I'll bite? Shows us, so I can disprove it.

Uninsured does not mean rejected for treatment----------at least that was the case before obamacare. Now it may be different.

You silly leftists like it because you erroneously think it will be FREE for you and that only the evil rich will pay--------------ITS A LIE.

No, we think we already have the money in the system but it's not covering everyone and it cost far too much for what we get for it.

medical costs are a problem, we agree. But why have they risen so much?

30 or 40 years ago routine doctors visits were not covered by insurance, most prescriptions were not covered by insurance. Medical insurance in those days was 'hospital insurance' it covered hospital stays and accidents, not routine colds and flu. A routine visit to the doc cost around $10, most prescriptions were $10 or less.

Once these costs were covered by insurance, people did not care how much they were and doctors, hospitals, and especially drug companies jacked their prices up.

But to your point, before ACA those who paid covered those who could not or would not. That exact same situation exists under ACA except that now we have a huge govt beaurocracy to also pay for. It accomplished nothing.

 

[Redfish]

It is, unfortunately, inevitable now.

death and taxes are inevitable. Obamacare is not. single payer medicine is not.

That is the track we are on. The GOP never did anything to stop this trend. After ObamaCare bombs, the people will cry out for single payer.

When the GOP had all the power, they actually added a trillion dollar government entitlement for seniors, without paying for it. They did not move toward free market solutions.

Thus, inevitable. We have been sold down the river.

Yes, the GOP is at fault for not doing more, the dems are at fault for being socialists.

But, I am not ready to throw in the towel, you may be, but I am not.

This country has solved bigger problems than this. The first step is removing the socialists from government--both parties.

 

[Bombur]

doesn't that mean JUST ONE payer?
In the case of Obama who like other idiots totally forget the simple fact when they state:
"“I happen to be a proponent of a single payer universal health care program.” ...Barack Obama on single payer in 2003 | Physicians for a National Health Program -


WHAT happens to the 1,300 existing "PAYERS"???
What happens to the $100 billion a year they pay in Federal/state/local taxes if there is a "single payer"?
What happens to the office spaces they pay property taxes on if there is a single payer?
What happens to the 400,000 employees of these 1,300 existing "PAYERS"???

See this is such a perfect example of Obama's socialist tendency and ignorance of insurance,etc. that he like the other idiots preferring "single payer" don't comprehend the "COSTS"!

These companies also have to comply with state insurance regulators to have the reserves to pay future claims.
What are these reserves and where will they go if there is a "single payer" system?

Anyone who understands health insurance, reserves, profits, etc... they know and you think the crash of 1929 was bad???

Most pension plans, 401ks etc. have money in these "PAYERS"... what happens when these "payers" go out out of business because Obama..
“happens to be a proponent of a single payer universal health care program.”

What then folks???

OK lets assume that they all go out of business and are no longer needed at this job. That seems like a rather massive efficiency gain doesn't it?

Of course the government will have to hire people but there is still the potential for a net loss in the number of jobs it takes to deliver healthcare which would lower costs and increase efficiency.

Why is this bad?

 

[healthmyths]

No, we think we already have the money in the system but it's not covering everyone and it cost far too much for what we get for it.

medical costs are a problem, we agree. But why have they risen so much?

30 or 40 years ago routine doctors visits were not covered by insurance, most prescriptions were not covered by insurance. Medical insurance in those days was 'hospital insurance' it covered hospital stays and accidents, not routine colds and flu. A routine visit to the doc cost around $10, most prescriptions were $10 or less.

Once these costs were covered by insurance, people did not care how much they were and doctors, hospitals, and especially drug companies jacked their prices up.

But to your point, before ACA those who paid covered those who could not or would not. That exact same situation exists under ACA except that now we have a huge govt beaurocracy to also pay for. It accomplished nothing.

Redfish:
You are correct about insurance covering more routine costs, and thus inflating the premiums.
Many people refer to this as pre-paid insurance.
If people are to pre-pay for their benefits, they need to consider pre-paying not for routine or smaller benefits they know they will use this year, but for benefits they may use next year and beyond.
And they will be able to pre-pay for these future benefits on a paid-up basis.
Over time, many people will be able to reduce their premiums up to 60% and more.
National Prosperity Life and Health is applying with the Texas Department of Insurance on March 19th to be a certified life and health insurer in Texas.
We plan to provide this patented benefit to large employers of 200 or more employees who self fund their plans, and are domiciled in Texas.
Don Levit
Part Owner of NPLH

Changing the mechanisms of who pays health care costs doesn't lower the costs of healthcare!
Simple concept here folks.
A) Everyone must agree there were never 46 million uninsured!
10 million are not citizens, 14 million already covered by Medicaid and 18 million that don't WANT or NEED insurance ! That leaves 4 million! NOT 46 million!
B) Everyone MUST agree that when 90% of doctors THAT CREATE the claims they send to the payers run duplicate tests, etc. of over $850 billion a year THAT is the target!
C) Finally everyone should be treated equally right? So under ACA tanning salons are taxed 10% because tanning causes cancer. Fair enough!
D) A 10% Tax the $270 billion lawyers would pay a $5,000 premium for each of the truly 4 million that need insurance!
E) Then when hospitals see "uninsured" they are means tested and registered with the "Uninsured Health Ins. Co."© that pays the claims submitted by the hospital.
F) Hospitals agreeing must also be audited on their other claim submission so we don't see hospitals overcharging sometimes 6,000% to the payers to recoup.

As a result of this simple solution:
1) The $850 billion in "defensive Medicine" that 90% of doctors say they practice out of FEAR of lawsuits would drop!
2) "Padded and passed" on to the payers of the "uninsured" would NoT be allowed and that would lower claims cost to the payers!

With easily $250 billion a year reduction in what the PAYERS pay out in claims ,
a) Lower premiums because states' regulators of insurance companies must see justifications for premiums.. hence lower premiums as there are lower costs.
b) ALL the truly 4 million that want and need insurance are COVERED!

What is wrong with this plan Don???

 

[Redfish]

doesn't that mean JUST ONE payer?
In the case of Obama who like other idiots totally forget the simple fact when they state:
"“I happen to be a proponent of a single payer universal health care program.” ...Barack Obama on single payer in 2003 | Physicians for a National Health Program -


WHAT happens to the 1,300 existing "PAYERS"???
What happens to the $100 billion a year they pay in Federal/state/local taxes if there is a "single payer"?
What happens to the office spaces they pay property taxes on if there is a single payer?
What happens to the 400,000 employees of these 1,300 existing "PAYERS"???

See this is such a perfect example of Obama's socialist tendency and ignorance of insurance,etc. that he like the other idiots preferring "single payer" don't comprehend the "COSTS"!

These companies also have to comply with state insurance regulators to have the reserves to pay future claims.
What are these reserves and where will they go if there is a "single payer" system?

Anyone who understands health insurance, reserves, profits, etc... they know and you think the crash of 1929 was bad???

Most pension plans, 401ks etc. have money in these "PAYERS"... what happens when these "payers" go out out of business because Obama..
“happens to be a proponent of a single payer universal health care program.”

What then folks???

OK lets assume that they all go out of business and are no longer needed at this job. That seems like a rather massive efficiency gain doesn't it?

Of course the government will have to hire people but there is still the potential for a net loss in the number of jobs it takes to deliver healthcare which would lower costs and increase efficiency.

Why is this bad?

most 401K plans have insurance company stock in them, the value of those plans would be greatly reduced if insurance companies went out of business

there would not be a net saving of jobs. The govt will never be as efficient as a company that must balance expenses to income. the entire system will grow and be more expensive and inefficient. You think the IRS is bad, wait for govt healthcare.

 

[healthmyths]

doesn't that mean JUST ONE payer?
In the case of Obama who like other idiots totally forget the simple fact when they state:
"“I happen to be a proponent of a single payer universal health care program.” ...Barack Obama on single payer in 2003 | Physicians for a National Health Program -


WHAT happens to the 1,300 existing "PAYERS"???
What happens to the $100 billion a year they pay in Federal/state/local taxes if there is a "single payer"?
What happens to the office spaces they pay property taxes on if there is a single payer?
What happens to the 400,000 employees of these 1,300 existing "PAYERS"???

See this is such a perfect example of Obama's socialist tendency and ignorance of insurance,etc. that he like the other idiots preferring "single payer" don't comprehend the "COSTS"!

These companies also have to comply with state insurance regulators to have the reserves to pay future claims.
What are these reserves and where will they go if there is a "single payer" system?

Anyone who understands health insurance, reserves, profits, etc... they know and you think the crash of 1929 was bad???

Most pension plans, 401ks etc. have money in these "PAYERS"... what happens when these "payers" go out out of business because Obama..
“happens to be a proponent of a single payer universal health care program.”

What then folks???

OK lets assume that they all go out of business and are no longer needed at this job. That seems like a rather massive efficiency gain doesn't it?

Of course the government will have to hire people but there is still the potential for a net loss in the number of jobs it takes to deliver healthcare which would lower costs and increase efficiency.

Why is this bad?

Well you tell me where the government gets it's money to pay the salaries of the single payer organization employees?

In 2011 this was the Total Federal Revenues and sources: REPEAT this is total Revenue sources for Federal Government!!!

• Personal income tax $1,015,000,000,000 47.4% people that work for companies that work for profits primarily.
• Social security/Medicare tax 818,000,000,000 35.5% employer pays Half of total paid-- where will that come from???
• Corporate income tax181,000,000,000 7.8% corporate evil profits generate taxes - then dividends taxed again!
• Customs,Duties, Misc.131,000,000,000 5.7%
• Excise taxes72,000,000,000 3.1%
• Estate & Gift7,000,000,000 0.4%

Total:$2,302,000,000,000 100%
Reduce the Tax Burden: Government Revenue and Tax Trends Charts

Now remember the 1,300 current payers pay $100 billion in Federal/state/local taxes. That will be gone.
States won't have that tax revenue. Your local cities won't have the property taxes.

So who makes up this loss of $100 billion and for what reason??

 

[Redfish]

doesn't that mean JUST ONE payer?
In the case of Obama who like other idiots totally forget the simple fact when they state:
"“I happen to be a proponent of a single payer universal health care program.” ...Barack Obama on single payer in 2003 | Physicians for a National Health Program -


WHAT happens to the 1,300 existing "PAYERS"???
What happens to the $100 billion a year they pay in Federal/state/local taxes if there is a "single payer"?
What happens to the office spaces they pay property taxes on if there is a single payer?
What happens to the 400,000 employees of these 1,300 existing "PAYERS"???

See this is such a perfect example of Obama's socialist tendency and ignorance of insurance,etc. that he like the other idiots preferring "single payer" don't comprehend the "COSTS"!

These companies also have to comply with state insurance regulators to have the reserves to pay future claims.
What are these reserves and where will they go if there is a "single payer" system?

Anyone who understands health insurance, reserves, profits, etc... they know and you think the crash of 1929 was bad???

Most pension plans, 401ks etc. have money in these "PAYERS"... what happens when these "payers" go out out of business because Obama..
“happens to be a proponent of a single payer universal health care program.”

What then folks???

OK lets assume that they all go out of business and are no longer needed at this job. That seems like a rather massive efficiency gain doesn't it?

Of course the government will have to hire people but there is still the potential for a net loss in the number of jobs it takes to deliver healthcare which would lower costs and increase efficiency.

Why is this bad?

Well you tell me where the government gets it's money to pay the salaries of the single payer organization employees?

In 2011 this was the Total Federal Revenues and sources: REPEAT this is total Revenue sources for Federal Government!!!

• Personal income tax
  $1,015,000,000,000​
  47.4%​
  people that work for companies that work for profits primarily.
• Social security/Medicare tax
  818,000,000,000​
  35.5%​
  employer pays Half of total paid-- where will that come from???
• Corporate income tax
  181,000,000,000​
  7.8%​
  corporate evil profits generate taxes - then dividends taxed again!
• Customs,Duties, Misc.
  131,000,000,000​
  5.7%​
• Excise taxes
  72,000,000,000[/INDENT

  3.1%​

  [*]Estate & Gift

  7,000,000,000​

  0.4%​

Total:

$2,302,000,000,000​

100%​

Reduce the Tax Burden: Government Revenue and Tax Trends Charts

Now remember the 1,300 current payers pay $100 billion in Federal/state/local taxes. That will be gone.
States won't have that tax revenue. Your local cities won't have the property taxes.

So who makes up this loss of $100 billion and for what reason??​

great post, and all the libs left the thread---------as they always do when faced with facts.​

 

[Bombur]

doesn't that mean JUST ONE payer?
In the case of Obama who like other idiots totally forget the simple fact when they state:
"“I happen to be a proponent of a single payer universal health care program.” ...Barack Obama on single payer in 2003 | Physicians for a National Health Program -


WHAT happens to the 1,300 existing "PAYERS"???
What happens to the $100 billion a year they pay in Federal/state/local taxes if there is a "single payer"?
What happens to the office spaces they pay property taxes on if there is a single payer?
What happens to the 400,000 employees of these 1,300 existing "PAYERS"???

See this is such a perfect example of Obama's socialist tendency and ignorance of insurance,etc. that he like the other idiots preferring "single payer" don't comprehend the "COSTS"!

These companies also have to comply with state insurance regulators to have the reserves to pay future claims.
What are these reserves and where will they go if there is a "single payer" system?

Anyone who understands health insurance, reserves, profits, etc... they know and you think the crash of 1929 was bad???

Most pension plans, 401ks etc. have money in these "PAYERS"... what happens when these "payers" go out out of business because Obama..
“happens to be a proponent of a single payer universal health care program.”

What then folks???

OK lets assume that they all go out of business and are no longer needed at this job. That seems like a rather massive efficiency gain doesn't it?

Of course the government will have to hire people but there is still the potential for a net loss in the number of jobs it takes to deliver healthcare which would lower costs and increase efficiency.

Why is this bad?

Well you tell me where the government gets it's money to pay the salaries of the single payer organization employees?

In 2011 this was the Total Federal Revenues and sources: REPEAT this is total Revenue sources for Federal Government!!!

• Personal income tax $1,015,000,000,000 47.4% people that work for companies that work for profits primarily.
• Social security/Medicare tax 818,000,000,000 35.5% employer pays Half of total paid-- where will that come from???
• Corporate income tax181,000,000,000 7.8% corporate evil profits generate taxes - then dividends taxed again!
• Customs,Duties, Misc.131,000,000,000 5.7%
• Excise taxes72,000,000,000 3.1%
• Estate & Gift7,000,000,000 0.4%

Total:$2,302,000,000,000 100%
Reduce the Tax Burden: Government Revenue and Tax Trends Charts

Now remember the 1,300 current payers pay $100 billion in Federal/state/local taxes. That will be gone.
States won't have that tax revenue. Your local cities won't have the property taxes.

So who makes up this loss of $100 billion and for what reason??

Any net loss in "jobs" is by definition an efficiency. You might as well ask where are the jobs going to come from to replace the efficiency of robots in factories. While it is an interesting discussion about the nature of economic change there is no doubt that efficiency is better than inefficiency.

 

[emilynghiem]

Hi HM: What the advocates also seem to forget, and leave out of the equation:
whenever public/federal funds are used, then the religious views of all taxpayers
are SUPPOSED to represented and protected equally.

But once people assume the govt is going to manage just the payments,
this is glossed over. It is assumed that THEIR VIEW of "paying for everything" through govt
is the universal default; and anything else is wrong, people don't have rights to object
on personal or religioius grounds because "that doesn't count in public policy."

This is where I have the most difficulty, too.
The same way these people who think like this cannot imagine that other people's
views and objections are valid, I can't understand how these could be LEFT OUT!

How is this constitutional and equally protecting free choice of all people?
Cannot understand this, and apparently, neither can the people who claim to
be for free choice and "universal" coverage. They can't imagine anyone outside their views.

Completely baffling to me, as I have discovered the people pushing singlepayer are just as baffled.
They truly believe that anyone who doesn't agree, either doesn't want to pay for their costs or doesn't want other people
accessing health care. They think opponents are just objecting for political points, and don't have valid arguments and
workable alternatives that their system unconstitutionally denies.

I brought up charity hospitals and other ideas, and they just don't believe those count as alternative solutions.
It is almost like talking with people under a religious cult, where they truly believe the other denominations
or interpretations are wrong and not true and not a choice. Their way is the only right way, and the others are wrong.

doesn't that mean JUST ONE payer?
In the case of Obama who like other idiots totally forget the simple fact when they state:
"“I happen to be a proponent of a single payer universal health care program.” ...Barack Obama on single payer in 2003 | Physicians for a National Health Program -


WHAT happens to the 1,300 existing "PAYERS"???
What happens to the $100 billion a year they pay in Federal/state/local taxes if there is a "single payer"?
What happens to the office spaces they pay property taxes on if there is a single payer?
What happens to the 400,000 employees of these 1,300 existing "PAYERS"???

See this is such a perfect example of Obama's socialist tendency and ignorance of insurance,etc. that he like the other idiots preferring "single payer" don't comprehend the "COSTS"!

These companies also have to comply with state insurance regulators to have the reserves to pay future claims.
What are these reserves and where will they go if there is a "single payer" system?

Anyone who understands health insurance, reserves, profits, etc... they know and you think the crash of 1929 was bad???

Most pension plans, 401ks etc. have money in these "PAYERS"... what happens when these "payers" go out out of business because Obama..
“happens to be a proponent of a single payer universal health care program.”

What then folks???

 

[healthmyths]

OK lets assume that they all go out of business and are no longer needed at this job. That seems like a rather massive efficiency gain doesn't it?

Of course the government will have to hire people but there is still the potential for a net loss in the number of jobs it takes to deliver healthcare which would lower costs and increase efficiency.

Why is this bad?

Well you tell me where the government gets it's money to pay the salaries of the single payer organization employees?

In 2011 this was the Total Federal Revenues and sources: REPEAT this is total Revenue sources for Federal Government!!!

• Personal income tax $1,015,000,000,000 47.4% people that work for companies that work for profits primarily.
• Social security/Medicare tax 818,000,000,000 35.5% employer pays Half of total paid-- where will that come from???
• Corporate income tax181,000,000,000 7.8% corporate evil profits generate taxes - then dividends taxed again!
• Customs,Duties, Misc.131,000,000,000 5.7%
• Excise taxes72,000,000,000 3.1%
• Estate & Gift7,000,000,000 0.4%

Total:$2,302,000,000,000 100%
Reduce the Tax Burden: Government Revenue and Tax Trends Charts

Now remember the 1,300 current payers pay $100 billion in Federal/state/local taxes. That will be gone.
States won't have that tax revenue. Your local cities won't have the property taxes.

So who makes up this loss of $100 billion and for what reason??

Any net loss in "jobs" is by definition an efficiency. You might as well ask where are the jobs going to come from to replace the efficiency of robots in factories. While it is an interesting discussion about the nature of economic change there is no doubt that efficiency is better than inefficiency.

So how inefficient is the health insurance industry ACCORDING to your opinion?
I simply look at the facts of health insurance financials.
FACTS..
ACA requires 85% of all premiums spent on health care..
The share of premium revenue going to what HHS classifies as administrative overhead costs fell to 9.1 percent in 2012, from 9.4 percent in 2011, officials said.

Insurers owe the rebate because PPACA drafters tried to reduce health insurer expenditures on administrative costs by requiring insurers to spend 85 percent of large-group revenue and 80 percent of individual and small-group revenue on health care or quality improvement efforts.
HHS: MLR rebate total to fall sharply | LifeHealthPro

So here the ignorant drafters of ACA said..."man those wealthy ceos executives making too much money!!! Let's force them to pay out 85% instead of their average 80% of premium in claims."

NOTE above number... Administrative overhead FELL to 9.1%. OK
So 85% going out in claims.. 9.1% going out in administrative what is left? 5.9% at PROFIT... yes evil capitalist profits!!!
BUT wait not done yet...
If corporate tax rate is 20% of Profits... that means of the 5.9% evil terrible profit.. leaves 4.7%... NOW again evil capitalists.
So how then are insurance reserves to be built? OH yea RESERVES!!! Used to pay future claims in case premiums don't cover current claim expenses.
But of course the state insurance regulators are very interested in reserves..i.e. companies can't sell if they don't have reserves.

So the idiot ACA drafters in their attempt to screw those evil capitalists making EVIL profits.. seemingly didn't consider that either ONE or both of two negative actions would be taken by companies:
1) cutting administrative costs (well we see they did that from a whopping 9.4 to 9.1%)
2) cutting profits which means reducing reserves which IS NOT good to see to state regulators!

YEA and all the while ACA does NOTHING to cut down the $850 billion in health claims a year their lawyer buddies cause per 90% of doctors!
NOTHING to reduce the fear of lawsuits which FORCE physicians to do duplicate testing, specialist referrals... all because physicians skills are not to be trusted..i.e. sued by the lawyers making $270 billion in fees a year!
NOTHING in Tort reform to reduce the $850 billion in CLAIMS paid by Payers..i.e. insurance/medicare/out of pocket ... that physicians agree they order duplicate tests, etc..

 

[Dragonlady]

The rest of the world has single payer and it's far more effective and efficient than your current system. Cheaper too.

A third of your health care $$$ go to administration. Under single payer, it's less than 10%.

LIE!!! 1/3 DOES NOT go to administration!!! 16% dumb f...k!

The facts are:80% of every dollar in premium goes to pay CLAIMS!
View attachment 29535
http://www.naic.org/documents/frs_financial_summit_presentations_28_mlr_solvency_issues.pdf

Are you really suggesting that health care administration costs are only 20% because 80% of premiums are paid out in claims? Are you truly so stupid as to think this means administration costs are 20% or less?

A doctor pays for his/her third party billing company and/or office staff processing his/her insurance claims and billing. Hospitals have large billing and accounting staffs to handle insurance company claims and patient billing. The wages and benefits paid to these hospital and doctors' employees form part of the administration costs for health care in the US and are paid, in large part, from the 80% of premiums paid out in claims.

If you think that the only administration costs in US healthcare are those paid by insurance companies to process claims, you are too stupid to be one person.

 

[Darkwind]

doesn't that mean JUST ONE payer?
In the case of Obama who like other idiots totally forget the simple fact when they state:
"“I happen to be a proponent of a single payer universal health care program.” ...Barack Obama on single payer in 2003 | Physicians for a National Health Program -


WHAT happens to the 1,300 existing "PAYERS"???
What happens to the $100 billion a year they pay in Federal/state/local taxes if there is a "single payer"?
What happens to the office spaces they pay property taxes on if there is a single payer?
What happens to the 400,000 employees of these 1,300 existing "PAYERS"???

See this is such a perfect example of Obama's socialist tendency and ignorance of insurance,etc. that he like the other idiots preferring "single payer" don't comprehend the "COSTS"!

These companies also have to comply with state insurance regulators to have the reserves to pay future claims.
What are these reserves and where will they go if there is a "single payer" system?

Anyone who understands health insurance, reserves, profits, etc... they know and you think the crash of 1929 was bad???

Most pension plans, 401ks etc. have money in these "PAYERS"... what happens when these "payers" go out out of business because Obama..
“happens to be a proponent of a single payer universal health care program.”

What then folks???

You have just hit on the best argument for NOT implementing single payer.

The disruption of the market will be considerable.

Nevertheless in the medium run Single Payer would benefit society more than it would disturb the markets.

Why?

Because Single payer would (if properly done) reduce the COST OF HEALTH CARE by about 25%.

That means that instead of 18% OF THE GDP GOING TO HEALTH CARE, the cost would go down to about 14%


That's a staggering amount of savings..about 4% of $14 TRILLION dollars.

The same argument was used in supporting Obamacare.....how'd that work out for you? Costs are rising faster and fewer people can or will sign up for it.

Obamacare was only going to cost a few hundred billion dollars. We're now over 3 trillion and climbing.....

 

[healthmyths]

The rest of the world has single payer and it's far more effective and efficient than your current system. Cheaper too.

A third of your health care $$$ go to administration. Under single payer, it's less than 10%.

LIE!!! 1/3 DOES NOT go to administration!!! 16% dumb f...k!

The facts are:80% of every dollar in premium goes to pay CLAIMS!
View attachment 29535
http://www.naic.org/documents/frs_financial_summit_presentations_28_mlr_solvency_issues.pdf

Are you really suggesting that health care administration costs are only 20% because 80% of premiums are paid out in claims? Are you truly so stupid as to think this means administration costs are 20% or less?

A doctor pays for his/her third party billing company and/or office staff processing his/her insurance claims and billing. Hospitals have large billing and accounting staffs to handle insurance company claims and patient billing. The wages and benefits paid to these hospital and doctors' employees form part of the administration costs for health care in the US and are paid, in large part, from the 80% of premiums paid out in claims.

If you think that the only administration costs in US healthcare are those paid by insurance companies to process claims, you are too stupid to be one person.

WE WERE NOT talking about the claim GENERATORS i.e. Doctors/hospitals,et.al......operating cost DUMMY!!!

Insurance companies earn premiums by guaranteeing claim payments DO comprehend? HAS NOTHING to do with doctors admin costs! GEEZ!!
So when according the FINANCIAL statements WHICH I am sure YOU never have read.. the average health insurance company pays out
80% of the premiums in claim payments to the doctors, hospitals! AGAIN NOTHING to do with doctors/hospitals admin costs!
So if 80% is paid out that leaves 20% for administration AND profit!
BUT you being so f...king dumb you probably think oh yea evil profits!!! dummy!
Profits pay federal taxes dummy! Average net profits before per the financial statements are about 6%!!!
That means if 80% of premiums go for claims, 6% for profits... what does that leave you dumb ass??? 14%!

AGAIN this is the administration costs for the INSURANCE COMPANIES who pay the claims submitted by the doctors/hospitals!
DO YOU F..king understand this????