Yes, Medicare has substantially less overhead than private insurance
companies. We've had the discussion here before and there is some
debate out how much should be included as "administrative overhead" in
Medicare example but even the most generous to private insurance
analysis has Medicare having substantially less administrative
overhead than their private competitors.

Judah

On Fri, Feb 13, 2009 at 12:52 PM, Scott Stewart <[email protected]> wrote:
>
> Is it?
> (seriously)
> I've never dealt with it...
>
> The other bureaucracies that Jacob speaks of are models of governmental
> inefficiency.
>
> Judah McAuley wrote:
>> Except that government healthcare is efficient. D'oh. So much for that
>> really idiotic talking point.
>>
>> On Fri, Feb 13, 2009 at 12:08 PM, Jacob <[email protected]> wrote:
>>
>>> Hmm... govt healthcare?  I am sure it will be efficient like other gov't
>>> agencies... DMV, IRS, etc...
>>>
>>> -----Original Message-----
>>> From: Cameron Childress [mailto:[email protected]]
>>> Sent: Friday, February 13, 2009 10:33 AM
>>> To: cf-community
>>> Subject: Re: Wow - This Ain't A Good Trend
>>>
>>>
>>> On Fri, Feb 13, 2009 at 1:01 PM, Gruss Gott <[email protected]> wrote:
>>>
>>>> Wow, and Medicaid costs ~$2 trillion per year (that's 1/7 of our GDP)
>>>> and it accounts for 42% of nursing home spend.
>>>>
>>>> HOLY crap.
>>>>
>>> Just imagine how much it will be once we're giving free healthcare to
>>> EVERYONE.
>>>
>>> -Cameron
>>>
>>>
>>>
>>>
>>>
>>
>>
>
> 

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