" A recent study found that in 2017, administrative costs made...

  1. 5,236 Posts.
    lightbulb Created with Sketch. 35

    " A recent study found that in 2017, administrative costs made up 34.2% of health care costs in the U.S., twice the percentage in Canada, which has a decentralized, publicly funded system.Another example: Medicare, the country's national health insurance program for Americans 65 and older, has much lower administrative costs, between 1.1 and 7%.

    "Medicare [in the USA] ... is drastically cheaper, because we don't spend a lot of time trying to deny people the care they need," Balber said. "There's not as much dedicated to the bureaucracy of health care as there is in private system"
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.