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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (311074)	11/22/2006 11:24:00 AM
From: TimF	Read Replies (1) \| Respond to of 1590082

Is there any documentation about how they arrived at that cost? Any estimates by someone arguing against government take over of health insurance? Also the real government cost is higher then the officially stated costs as I pointed out here Message 23023135 Most directly with - "The official health overhead of Medicare is below 3%, but it doesn't include all of the costs. It doesn't include money spent by the GSA for infrastructure that Medicare employees use. It doesn't include the cost of the IRS's collection and enforcing of taxes. Then you have the overhead of the carriers and intermediaries who process the claims." The official overhead costs for Medicare are only a fraction of the real costs. Apparently a small fraction. There are other important points in that post as well such as "Even when considering all of these facts Medicare might still have a lower overhead do to economies of scale, and less flexibility. But there is no way to know this, at least not with the data Krugman provides, or from the official Medicare overhead figures. Meanwhile the lower flexibility is itself a negative."