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ACA pencil pushers will cost $273 billion

22.5% of all spending as opposed to Medicare at 2%.

Obamacare's big overhead costs to top $270B

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Originally Posted by onwebcam (Post 20492147)

22.5% of all spending as opposed to Medicare at 2%.

Obamacare's big overhead costs to top $270B

It's going to get worse

"a quarter-of-a-trillion dollars in extra insurance administrative costs to the U.S. health-care system"

Paper pushers! Not doctors, nurses, drugs, equipment, but paper-pushers in the digital age.

Pencil pushers AKA insurance companies, this is the way republicans wanted it.

'The $273.6 billion in additional insurance overhead represents an average of of $1,375 per newly insured person, per year, from 2012 through 2022.'

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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

No shit Sherlock -- Single Payer would be a lot less expensive but we would have had government death panels :upsidedow

We got played by Wall Street again (as usual).

Quote:

Originally Posted by Barry-xlovecam (Post 20492165)

We got played by Wall Street again (as usual).

I blame weak leadership

Quote:

Originally Posted by Vendzilla (Post 20492167)

I blame weak leadership

I blame you and idiots like you.

http://www.afterdowningstreet.org/si...2003162010.jpg