Monday, March 25, 2019

Berko: Single-payer health insurance is in the cards | The Columbian

Berko: Single-payer health insurance is in the cards | The Columbian: Dear Mr. Berko: I strongly object to “Medicare for everyone.” Can you explain to me how it makes economic sense?

"With 125 companies selling health insurance, that’s 125 CEOs, 125 presidents, 125 treasurers, 125 executive vice presidents, 125 vice presidents, 125 assistant vice presidents and each of these officers has a computer and each has a secretary who also has a computer. Each of these 125 companies has a legal staff, sales and marketing director, human resources department, payroll and accounting departments, and each of those departments has computers in every nook and cranny that are attached to a bigger office computer and stored in the cloud.

Now imagine the number of desks and chairs, wastebaskets, copy machines, desk equipment, stationery and coffee cups in constant use by 125 health insurers. A famous Aztec chef once said, “Too many cooks spoil the stew,” "

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