Saturday, March 07, 2009

Le Shorter: Public Health Insurance 20% Cheaper

AP reports a study by an independent nonprofit group found that a public health care plan like Medicare could reduce projected health care costs by about $2 trillion over an 11 year period. Premiums in the public health insurance plan would be at least 20% lower partly due to reduced administrative costs.  Within a decade the number of people in the public plan would nearly equal those with private insurance.  Repugnants are screaming "socialism".