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wisconsin
Quote:
Originally posted by Secret_Agent_Man
Oddly enough, appropos of this conversation, one of the systems in which the government has demonstrated that it can do tasks done by the private sector as cheaply/efficiently is in the administration of a health insurance system.
To wit, the overhead costs for the Medicare program [I think that's the one] consistently run at about 1.1% -- which is significantly less than the best/lowest overhead percentage for a private insurer.
People refuse to believe this -- just like most people seem to think foreign aid is about 1/3 of our budget -- but, as the man said, "You can look it up."
S_A_M
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And they always pay on time and with the least amount of quibble. RVRBS may be lower than some of the health plans, but you're generally assured that when you submit a clean claim to Medicare, you'll be paid. The same cannot be said for any of the private health insurance companies. When HIPAA's Transactions and Code Set standards are finally implemented across the board, my guess is that at least two or three major insurance companies will go under, because they will not be able to hold up payment as long as they have been in the past.
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"In the olden days before the internet, you'd take this sort of person for a ride out into the woods and shoot them, as Darwin intended, before he could spawn."--Will the Vampire People Leave the Lobby? pg 79
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