hog88
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Medicare administration is 1.4 percent.
The same costs in the private sector range from 11 to 20 percent, depending on type.
PolitiFact - Comparing administrative costs for private insurance and Medicare
It is too easy to hide behind the vague boogeyman of "Sure, but in the future costs will go up" when the reason it is so low is economies of scale, and you will increase that benefit by having a public option, not decrease it.
The cost of delivery of medical care in this country will go up under either, but it is magnitudes worse under the current system because of inefficiency and fragmentation. The private insurers LOVE that because it provides cover for them to exact such a huge price to deliver the same services as Medicare, but for more money.
Don't most medicare recipients go through private insurers?