>In the current climate, they would create numerous equity and social justice committees, making sure that everyone gets a personalized pat on the back and 10% of the population will get a small bonus, while 50% of the funds will be spent on the friends of the management sitting in the committees.
Huh? We currently have a "single payer" health insurance system in the United States. It's called Medicare[0].
And the administrative costs of that system are ~17 times less (~2% for Medicare and ~34% for private insurers[2]) than that of the administrative costs of private insurers[1].
As such, I'm not really sure how you're assessing this. I'd add that administrative expenses for other national healthcare systems are also much lower (Canada ~17%[2]) than private insurers.
Please provide examples and data for your assertions. I'd certainly like to see such data and information, as it doesn't comport with the data and analyses I've seen.
Huh? We currently have a "single payer" health insurance system in the United States. It's called Medicare[0].
And the administrative costs of that system are ~17 times less (~2% for Medicare and ~34% for private insurers[2]) than that of the administrative costs of private insurers[1].
As such, I'm not really sure how you're assessing this. I'd add that administrative expenses for other national healthcare systems are also much lower (Canada ~17%[2]) than private insurers.
Please provide examples and data for your assertions. I'd certainly like to see such data and information, as it doesn't comport with the data and analyses I've seen.
[0] https://www.medicare.gov/what-medicare-covers/your-medicare-...
[1] https://www.politifact.com/factchecks/2017/sep/20/bernie-s/c...
[2] https://www.healio.com/news/primary-care/20200106/a-third-of...