Comment by coredog64
2 days ago
You are, of course, aware that the current US single payer system (Medicare) subcontracts their administration to private health insurance companies? And that the "overhead" typically discussed when talking about Medicare doesn't include said companies but is instead only the overhead of what it takes to shovel money from the IRS to private insurance companies?
No, this is not Medicare Advantage, in which Medicare just directly pays private health insurance premiums for enrollees.
The overwhelming administrative cost in the US Health Care System includes all forms of Insurance wether they are private or public. It is around 10%
Other public systems vary between 1-4%