re: #421 iossarian

Hilarious. The article is an admission by the insurance industry that it is grossly inefficient, and can’t manage to cut administrative costs to be under 20% of premiums. In the UK, the administrative overhead of the NHS is roughly 5% if I remember correctly.

But obviously the solution is not to let government manage healthcare, because health insurance companies are so much better at doing it, by the magic of the free market.

Yesterday the president said HCR wouldn’t turn our system into a duplicate of the british disaster. Are you suggesting that maybe he should be out there touting the effectiveness of the british system and try to make ours work the same?

The fact of the matter is we were sold a bill that was going to lower costs and it didn’t happen. Not only did it not happen anyone with any sense KNEW it wasn’t going to happen. You cannot add millions of people and regulations and lower costs, it was never possible.