4 ms·
What about (at least partial) cost reduction due to decreased bureaucracy of collecting data and segmenting population demographics and customizing premiums?
by ssivark 8y ago
What about (at least partial) cost reduction due to decreased bureaucracy of collecting data and segmenting population demographics and customizing premiums?
- conanbatt 8y agoIf you expand a government program 10x fold, its bureaucracy costs will expand >10x fold. Medicare as it is today is already bigger than its national counterparts, and it still has great administrative costs. There are some benefits in government administration, but "efficiency" is not one of them.