Wednesday, March 10, 2010

Hidden Health Care Costs

With all the talk about health care, has anyone bothered to actually get into the cost of administering government health, as compared to what it costs to administer average for-profit, private plans?

It stands to reason that any government has a disadvantage in cutting costs. Politics finds it easier to hire than to fire. Voters you fire will not vote for you again. Politics also finds it easier to overpay. Especially when government jobs are unionized.

Has any government ever run ANYTHING efficiently? The Post Office, for example?

Also: Let us consider our experience with Medicaid and Medicare. How they botched the efficiency and costs of that forerunner to proposed health insurance.

If the cost of Medicaid and Medicare have gotten so far out of hand, beyond their original projections, how can we believe the health care savings fantasies of the future?

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