So Proud

[XfireZ51]

Originally Posted by DRM500RUBYZR-1

Yes, you have a point there.


Private companies find ways to work within the money they collect.


The government simply spends like there is no tomorrow, for lesser quantity and quality than you would have received from the "for-profit" insurance company, then hands you and I the bill for their excess cost and ineptness.


Oh, and they usually eventually contract it out to the same for-profit company once they have mucked it all up.


Sounds like a winner to me!


Marty

Administrative "costs" for "for profit" health insurance companies is ~15%. For Medicare its 3%. More of your money goes to paying healthcare bills and not shareholders, bondholders, the CEO and all the marketing expenses.
Healthcare is a right. Its a necessity for living in a society, like air, water, and these days of course electricity and the internet. I am not interested in having the government make smartphones, corn flakes, or automobiles.
There's many places where for profit is completely appropriate. And I support that. However, making money off of whether someone lives or dies isn't one of them.