Lying With Statistics
By Paul Hsieh, MD @ 12:05 AM   
Stuart Browning again debunks the myth that a single-payer system would save money on administrative costs:One of the linchpin arguments of government-run health care advocates is that the government can run an insurance program more efficiently and with much lower administrative costs than the private sector. According to them, Medicare overhead is approximately 3% while private insurers have 12% (or 20% or 31% depending on who is talking) in administrative costs.
The argument is complete rubbish... (Read the rest of "Lying With Statistics".)
Like in the undead creatures in old monster movies, this myth keeps cropping up no matter how many times it's refuted. Fortunately, folks like Browning are ready to keep up the fight for the truth.Labels: Analysis, Medicare
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