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Sid Schwab said...

anon: the data I've seen show that in fact medicare administrative costs are far lower than those of insurance companies. Plus, medicare siphons no money to investors, to multimillionaire CEOs; in addition to which, the fact that there are dozens and dozens of companies with differing rules and plans adds hugely to the overheads of the providers having to deal with them.

Jul 6, 2007, 6:04:00 PM

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