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

To: SilentZ who wrote (765589)1/24/2014 3:47:41 PM
From: combjelly  Read Replies (2) | Respond to of 1576178
 
Private insurance wouldn't insure those people at all! Which is, of course, the point of Medicare.

Yep. Every once in a while, someone here will post that if Medicare was eliminated, insurers would be falling all over themselves to write policies for the elderly. Ignoring, of course, the reality that prior to Medicare, the elderly found it nearly impossible to get insurance at any price...



To: SilentZ who wrote (765589)1/24/2014 5:55:21 PM
From: koan  Read Replies (3) | Respond to of 1576178
 
As I recall the administrative costs for medicare is 4% and for private insurance 40%.



To: SilentZ who wrote (765589)1/24/2014 9:13:36 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1576178
 
Z,
Except government just doesn't work that way.
Explain why not, and I'll explain why government is not a vehicle for philanthropy or altruism.

Tenchusatsu


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