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Sure: Private insurance overhead is around 15% (up to 20%) while Medicare/Medicaid overhead is around 2%. They are both insurance programs. Aside from variati
by llamaimperative 2y ago
Sure: Private insurance overhead is around 15% (up to 20%) while Medicare/Medicaid overhead is around 2%.
They are both insurance programs.
Aside from variations in fraud detection efforts (which Medicare/Medicaid should do more of), what justifies such a gap?
It's various methods by which they grow and retain market share, which Medicare/Medicaid don't need to do.
- JumpCrisscross 2y ago> Sure: Private insurance overhead is around 15% (up to 20%) while Medicare/Medicaid overhead is around 2% This doesn't say the difference is in marketing.