It currently requires something like 16 clerical workers per provider, in this market, just to keep the money coming in. Unless you severely limit your insurance participation.gyre wrote:The administrative costs of the health care denial industry far outstrip real costs in medical care.
And the real "cost" is the discounted price that the denial industry actually pays, not the inflated retail charge that is billed to individuals.
That "no value added tax" cost added by the health care denial industry is what is used to pay for universal medical care in canada, and other places.
The current rate of profit and administrative cost increases is unsustainable, as the rate of bankruptcy by otherwise solvent people, due to medical bills, shows.
The insurance companies employ many more people than that, of course, and are raking in huge profits. Plenty of money left over to fund political action committees, unfortunately.