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

To: combjelly who wrote (684071)11/9/2012 1:20:54 PM
From: i-node  Respond to of 1572013
 
>> Look at Medicare, 7% overhead while private insurance is at least 20% and often much more.

Why do I repeatedly have to point out to you that you cannot measure "overhead" as a percentage of benefits? This isn't complicated. You are comparing apples and oranges, as you're fond of saying. A benefit dollar paid by Medicare is not the same, or even similar, to a benefit dollar paid by commercial insurance. It is ALWAYS necessary to use PMPM for this kind of analysis.



To: combjelly who wrote (684071)11/9/2012 1:50:46 PM
From: TopCat  Respond to of 1572013
 
"Does the government dictate how its employees spend the money they earned?"

You mean the money that they "earned" from the taxpayer? Can't you see that's a zero-sum game?


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