Your hypocrisy is blindingly scummy.
To measure the administrative costs for Medicare, we turned to the 2017 Annual Report of the Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds -- the document prepared by Medicare’s fiscal overseers.
www.politifact.com
www.americanprogress.org
UnitedHealth has increased its annual revenue since 2012 by more than $100 billion, when adjusted for inflation.
To measure the administrative costs for Medicare, we turned to the 2017 Annual Report of the Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds -- the document prepared by Medicare’s fiscal overseers.
The trustees’ summary listed total Medicare expenditures of $678.7 billion for 2016, of which $9.2 billion was characterized as "administrative expenses." That works out to 1.4 percent, which is even lower than what Sanders stated.
That covers salaries and expenses, patient outreach, and fraud and abuse control by the Health and Human Services, Justice Department and FBI, among other things.
[snip]
Average insurers’ overhead costs are about 12.4 percent, according to an April 2017 Annals of Internal Medicine article by Steffie Woolhandler and David U. Himmelstein. A February report from the Center for Economic and Policy Research totaled overhead costs for private individual and employer based plans at 12.3 percent in 2015. And America’s Health Insurance Plans found that 17.8 cents of every premium dollar goes to operating costs.
Administrative costs for private insurance versus Medicare
Sen. Bernie Sanders, I-Vt., said that switching to a single-payer "Medicare for all" health system would save billions o
Also, think about this. An average doctor's office has to deal with a multitude of insurance companies and their varying billing codes and processes.
Each year, health care payers and providers in the United States spend about $496 billion on billing and insurance-related (BIR) costs, according to Center for American Progress estimates presented in this issue brief. As health care costs continue to rise, a logical starting point for potential savings is addressing waste. A 2010 report by the National Academy of Medicine (NAM) estimated that the United States spends about twice as much as necessary on BIR costs.2 That administrative excess currently amounts to $248 billion annually, according to CAP’s calculations.
Excess Administrative Costs Burden the U.S. Health Care System
Reforms to cut waste in health care financing would save billions of dollars annually.
Wow. They say it all the time. Whether it's "Medicare for All" or "single-payer health care" or "socialized medicine", they've been saying it for literally decades.
Obama was already facing strong pushback for his ACA plan, so of course he wasn't going to promote single-payer. The country wasn't ready for it yet.
Not so much. They are slaves to oligarchs and their campaign donations. And they are slaves to power above country.
How can Trump succeed if he doesn't actually have a plan and just lies about it?
No. As I said, the Democrats have been totally open and honest about their desire to enact single payer health care.
IOW, none.
So Luigi used the second amendment solution. He sounds like your kinda guy.
It's so hilarious to see Trumptards try to blame everything on Mexicans.
I wonder if Brian Thompson came up with this meme.
I think we all know that if George Soros were shot today, you and the entire MAGA-verse would be jumping for joy.
I use "Mexicans" as a rhetorical shortcut.
Those developed countries with UHC live longer than we do.
