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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: geode00 who wrote (215061)1/26/2007 3:39:22 PM
From: neolib  Read Replies (3) | Respond to of 281500
 
The article does not claim that Medicare has 2% overhead. It states this instead:

Medicare, a single-payer system, and much of the rest of the world pays as little as two percent in administrative costs.

Then this gem:

Medicare, at least Part A–Hospitalization, is the quintessential single-payer system: you choose your own doctor while medical practices, hospitals and pharmaceutical companies remain privately owned and compete. The government acts only as the payer.

ROTFLMAO. Medicare sets payment levels low enough that increasingly more providers refuse to take them. Why is there a booming business in secondary insurance to cover Medicare limits? So medicare patients can get good service from the providers they want. So the quintessential single-payer system looks really stellar to me. LOL!