Post to Sci-Am About Single-Payer Healthcare

Link to thread where this post was made

I heard that private insurers spend 30% on administration vs. medicare which spends only 4%.

That's where the big savings are to be had -- not from profits of the private insurers, but from the puffed up "administration" costs (read: second and third homes in the Hamptons or Malibu for the morally malignant execs).

These clowns are selling us down the river because they don't want to be embarrassed when they go to cocktail parties with their rich friends. They don't have enough backbone and self-discipline to quit looting the kitty.
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