“Medicare, for instance, spent $12 billion last year on administrative expenses. Can that be reduced? Maybe. But it’s just 1% of total costs, compared with 12% or more at private insurers.” Hmm I wonder what is in that admin cost?? - ThreadSky

a111tx.bsky.social • 82 days ago

“Medicare, for instance, spent $12 billion last year on administrative expenses. Can that be reduced? Maybe. But it’s just 1% of total costs, compared with 12% or more at private insurers.”

Hmm I wonder what is in that admin cost??

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