Quote:
In the Canadian system, which is NOT the best, they pay 4% of their total health care dollars for administrative costs.Originally Posted by tennisguru
I’d be interested to see the numbers on what tax rates here would have to be in order to support a universal health system. Basically either way we’re going to pay for healthcare because there is no free lunch.
In the US system, which is THE most expensive, we pay 17% of our total health care dollars for administrative costs.
In 2017 we spend $3.5 Trillion on Health Care.
13% of 3.5 trillion = $455 BILLION dollars we WASTED last year...that is the amount we would have saved by using Canada's administrative system...$455B...