In my country, social security and universal healthcare administrative cost are 8-11% depending on the year. Compare that to Swisslife, my previous private hea

In my country, social security and universal healthcare administrative cost are 8-11% depending on the year. Compare that to Swisslife, my previous private healthcare insurance: for every 100€ I gave them, 66-72€ were paid to insure in need while I had them. Of course the mandatory dividends were pretty high before COVID, and reinvestment/marketing/sales has to take a bite of that, so perhaps only half of the 30% they take from customers are admin costs, but still, I'd rather give more to my country national healthcare if I could. Probably the variance you have could be caused by non-admin costs being counted as admin costs.