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The amount of wasteful overhead in the American "healthcare" system never fails to shock me. The last two companies I've worked for (one a self-insured non-prof
by eszed 2y ago
The amount of wasteful overhead in the American "healthcare" system never fails to shock me. The last two companies I've worked for (one a self-insured non-profit, the current a "conventionally"-insured for-profit) have both, coincidentally, had ~500 employees, and each dedicated about one-and-a-half full-time positions to administering their healthcare plans. Now scale that up across every company in the country: it's... Insane.
Forget any of the squishy humanitarian impulses behind "socializing" medicine; eliminating all that un-productive labor would be of immense economic benefit.
(Health-plan administrative cost is a moat which advantages large businesses to the detriment of small. That goes some way to explaining why an economic-efficiency / dynamism argument has never gained traction in American political discourse.)
- vundercind 2y agoRight, it’s so bad that if we Did A Socialism and somehow had the worst cost outcome for such a move on the planet such that our direct healthcare spending remained identical(ly crazy-high)… it’d still be a win because of the huge drag on the rest of the economy and our QOL the current system imposes in indirect costs.
- actionfromafar 2y agoBut that would be morally wrong and lead to communism and satan worshipping.
- lstodd 2y agoYou shall not split. Lenin still lies in his mausolem awaiting a kiss.