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The overhead cost equals a whopping 22.5 percent of the total estimated $2.76 trillion in all federal government spending for the Affordable Care Act programs during that time, the authors of the report in the journal Health Affairs noted.
In contrast, the federal government's traditional Medicare program has overhead of just 2 percent, according to the report.
Obamacare's big overhead costs to top $270B | Physicians for a National Health Program
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The percentage of administrative costs for our traditional Medicare program are only one-sixth that of the private insurers. Further, if Medicare were our only payer, the administrative burden placed on our health care delivery system would be only a fraction of what it now is. Obviously, a single-payer, improved Medicare that covers everyone is precisely what we need. Then we could spend that money on patients instead of paperwork.
ACA has not reduced insurers' administrative waste | Physicians for a National Health Program
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No shit Sherlock -- Single Payer would be a lot less expensive but we would have had government death panels
We got played by Wall Street again (as usual).