To: Tenchusatsu who wrote (765547 ) 1/24/2014 3:29:56 PM From: SilentZ Read Replies (3) | Respond to >The administrative costs per patient is higher for Medicare than for private insurance. The way Medicare reduces the percentage is by blowing up the actual benefits paid out to patients, but that's full of fraud, waste, and potentially unnecessary treatments.But here's the catch: because Medicare is devoted to serving a population that is elderly, and therefore in need of greater levels of medical care, it generates significantly higher expenditures than private insurance plans, thus making administrative costs smaller as a percentage of total costs. This creates the appearance that Medicare is a model of administrative efficiency. What Jon Alter sees as a "miracle" is really just a statistical sleight of hand.
