Entries Tagged as 'medicare'

Tuesday, July 7th, 2009

Does Medicare have lower administrative costs?

…only an extremely small portion of administrative costs are related to the dollar value of health care benefit claims. Expressing these costs as a percentage of benefit claims gives a misleading picture of the relative efficiency of government and private health plans.Medicare beneficiaries are by definition elderly, disabled, or patients with end-stage renal disease. Private [...]