4 ms·
why estimate? i linked a study you must not have read that says: > After exclusions, administration accounted for 31.0 percent of health care expenditures in t
by maximente 7y ago
why estimate? i linked a study you must not have read that says:
> After exclusions, administration accounted for 31.0 percent of health care expenditures in the United States, as compared with 16.7 percent of health care expenditures in Canada.
or did you have a problem with that study or something?
- tptacek 7y agoSure. For starters, that paper is using 1999 numbers, and there has been a sea change in health costs since then --- we pay almost 3 times as much in total health costs today as we did in 1999. Intelligence Squared hosted a debate last week on M4A vs. private health insurance, and had two extremely motivated and well qualified debaters on the pro-M4A side, including Adam Gaffney, president of Physicians for a National Health System; their central argument was that Medicare has a lower administrative cost than private insurance, and their estimates were Medicare at 2%, private insurance in the teens. Not 30%.
- maximente 7y agothanks, that's helpful for recalibrating