QuoteNot surprised at all. From YOUR source, jatki:
Originally posted by: jatki99
OUCH!
Obamacare's big overhead costs to top $270B
"Obamacare is set to add more than a quarter-of-a-trillion—that's trillion—dollars in extra insurance administrative costs to the U.S. health-care system, according to a new report out Wednesday. (Tweet this)
The $273.6 billion in additional insurance overhead represents an average of of $1,375 per newly insured person, per year, from 2012 through 2022.
The overhead cost equals a whopping 22.5 percent of the total estimated $2.76 trillion in all federal government spending for the Affordable Care Act programs during that time, the authors of the report in the journal Health Affairs noted..."
Quote...While I do think everyone should have insurance available to them, Obama went about it in the absolute worst way possible, good intentions, but it fucked everything up....
Originally posted by: forkushVQuoteNot surprised at all. From YOUR source, jatki:
Originally posted by: jatki99
OUCH!
Obamacare's big overhead costs to top $270B
"Obamacare is set to add more than a quarter-of-a-trillion—that's trillion—dollars in extra insurance administrative costs to the U.S. health-care system, according to a new report out Wednesday. (Tweet this)
The $273.6 billion in additional insurance overhead represents an average of of $1,375 per newly insured person, per year, from 2012 through 2022.
The overhead cost equals a whopping 22.5 percent of the total estimated $2.76 trillion in all federal government spending for the Affordable Care Act programs during that time, the authors of the report in the journal Health Affairs noted..."
"The large amount of spending devoted to administrative costs both in dollar terms and as a percentage of total ACA spending is a reflection of Obamacare's 'use of private health insurance for most of the coverage expansion,' said Woolhandler. Private insurance, she said, is 'associated with high overhead costs.'"
Medicare, which cuts out private health insurance companies, is incredibly efficient. Liberals, as you may recall, wanted a single payer system like that. America's Worst Generation, our seniors, loved their government supplied health care insurance, but didn't want to share.
QuoteMedicare has a minuscule 2% overhead according to YOUR source, jatki. Without opposition from the Worst Generation, we'd have that for everyone.
Originally posted by: jatki99
I also highly doubt the US congress could come up with something so simple as 2-3 page healthcare system. I bet it would be more like two-three thousand pages with plenty of folks dipping there greedy little hands into it somehow. Too bad...
