Re: New Element

[John Barrer <forcejb@YAHOO.COM>]

Brian wrote
> I dispute John's assertion that the private US
> medical industry has a 40% overhead, at least in
> terms of
> proportion of Gross National Product expended.

Proportion of GNP is irrelevant. For every $100 paid
out in Medicare benefits, admin costs are about $3.
For every $100 paid out in benefits by private health
care insurers, admin costs (taken in TOTAL admin costs
in all parts of the system) are about $40. This is a
stunningly bad deal. John Barrere

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