Health Care Costs Query

Gar Lipow lipowg at sprintmail.com
Sat Mar 3 16:45:44 PST 2001


The single payer group I work with usually quotes about 25% as the cost of administration+insurance company profits in our system. That is private insurance companies keep about 15% of premiums for their costs, profits, hefty CEO salaries and gold plated office buildings. Then medical practictionars spend another 10% to do their internal administration, including compliance with insurance company requirements.

When I check the Statistical Abstract -- it calculates about 5%. Is there a non-single payer advocate source I can cite, which uses the 25% figures?

Thanks

Gar



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