No. of Recommendations: 19
Rayvt analyzes,

This would be the government that pays $900 for a hammer and builds a $1,000,000 outhouse?

</snip>


Your failings with arithmetic are showing. Fee-for-service Medicare costs the Gov't 12-15% less than Medicare Advantage. Obamacare beneficiaries on Medicaid at 138% of the Poverty Level cost the Gov't about $3,000/yr less than the beneficiaries just over the 138% FPL threshold who must buy private insurance plans on the exchange and are heavily subsidized to do so.

Who would have guessed that adding a for profit insurer's overhead and profit would make health insurance more expensive? People who understand arithmetic.

Same dynamic would be at play if the Gov't was selling "actuarially-fair" annuities.

intercst
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