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re: Medicare will become insolvent in 2026 — three years earlier than previously forecast

Posted on 6/6/18 at 1:12 pm to cwil177
Posted by CelticDog
Member since Apr 2015
42867 posts
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Posted on 6/6/18 at 1:12 pm to cwil177
Administrative overhead is double that of Medicare at the for profit companies.
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Posted by cwil177
Baton Rouge
Member since Jun 2011
28604 posts
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Posted on 6/6/18 at 1:18 pm to CelticDog
quote:
Administrative overhead is double that of Medicare at the for profit companies.

Right, and this cost is passed down to the consumers (you and me, with private insurance).
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