this @mattbruenig.bsky.social piece on health care economics is a work of art. www.peoplespolicyproject.org/2024/12/10/h... 1/
Health Care Administration Wastes Half a Trillion Dollars Every Year
Link Preview: Health Care Administration Wastes Half a Trillion Dollars Every Year: Health insurers are actually very bad.
administrative costs associated with health insurance are HUGE, not a rounding error next to inflated provider costs. 2/
Bar graph showing the scale of likely avoidable health-care administrative costs relative to comparable expenses, like running public colleges and K-12 education.
the only justification for those costs would be to rein in provider rents, but not only do private insurers fail to, they have structural incentives to let them grow. 3/
read this one. /fin www.peoplespolicyproject.org/2024/12/10/h...
Health Care Administration Wastes Half a Trillion Dollars Every Year
Link Preview: Health Care Administration Wastes Half a Trillion Dollars Every Year: Health insurers are actually very bad.