I suspect that the government overhead is not properly counted, e.g. the real estate occupied by the program administrators, etc. If it really is only 3%, no wonder government health care is so bad. What is there about government administration that is so marvelous that the private sector can't do?
Fred Holmes At 07:13 PM 3/1/2010, tjpa wrote: >Bad math. Government run heath care (here and abroad) has overhead of >around 3%. Private insurance companies in the US have overhead of >around 30%. That difference is 27% of total premiums. Quite a big >chunk of change. ************************************************************************* ** List info, subscription management, list rules, archives, privacy ** ** policy, calmness, a member map, and more at http://www.cguys.org/ ** *************************************************************************
