the data

[_rck_]

Paul Krugman writes apropos healthcare in the New York Times:... insurers selling individual health plans spend 29 percent of the premiums they receive on administration, largely because they employ so many people to screen applicants. This compares with costs of 12 percent for group plans and just 3 percent for Medicare.
Any questions?

Comments

[mijopo]

insurers selling individual health plans spend 29 percent of the premiums they receive on administration

Yeah, tell me again about the efficiencies of the free market.