3 ms·
Total per capita healthcare spend in the US is something like $13k, so yeah, much closer to 25% than 60%. Also, you have to be careful about how you account fo
by twoodfin 3y ago
Total per capita healthcare spend in the US is something like $13k, so yeah, much closer to 25% than 60%.
Also, you have to be careful about how you account for “administrative costs”. Medicare has low “administrative costs” but correspondingly high rates of fraud vs. a typical private insurer who has the incentive to spend more looking for it—administrative costs.