Reply To: US Healthcare policy

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popa_bar_abba
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<>em>I know that it is inconsistent with the Religion of Laissez-Faire, but it is a fact that Medicare has about one-fifth the administrative overhead of the best private health insurer in the US

Charlie: You insult your own intelligence by quoting such statistics and taking them at face value.

Do you really think that Medicare has 1/5th the amount of administrative overhead that the health insurers have?

Come now; if you would have said Medicare has 20% less, I would make up answers (ex. they don’t care about stopping fraud, don’t care about customer service, aren’t interested in innovation, etc.- which are all true.)

But I don’t even have to respond to this besides to tell you that it is obviously false, or misleading.

I am able to see benefits to central government control. I don’t think that if I am opposed to it, it must be all bad.

Just because you believe in Keynseian economics, and you don’t think Laissez-Faire is superior in all regards, doesn’t mean that laissez-faire is inferior in all regards. Keynes didn’t think that. There is no question that selfish interest can run an enterprise more efficiently in terms of administrative costs. To deny that makes you the flat-earther.