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

To: koan who wrote (765617)1/24/2014 6:13:51 PM
From: combjelly  Read Replies (2) | Respond to of 1576323
 
As I recall the administrative costs for medicare is 4% and for private insurance 40%.

That is on the high side for private insurance. But it usually doesn't drop much below 20%.

If you include the extra help they get from IRS and SS for Medicare, the percentage gets into the 7%-8% range.



To: koan who wrote (765617)1/24/2014 6:47:26 PM
From: Brumar892 Recommendations

Recommended By
FJB
TimF

  Read Replies (1) | Respond to of 1576323
 
Ten debunked that: but it won't matter to koan. Liberals have their own set of pseudo-facts.

http://www.forbes.com/sites/aroy/2011/06/30/the-myth-of-medicares-low-administrative-costs/
http://www.realclearpolitics.com/articles/2009/06/27/the_adminstrative_cost_benefit_myth_97193.html



To: koan who wrote (765617)1/24/2014 8:54:58 PM
From: SilentZ  Read Replies (1) | Respond to of 1576323
 
>

As I recall the administrative costs for medicare is 4% and for private insurance 40%.

My understanding is 8% and 20ish percent.

-Z


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