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In Response to RE: ROMNEY EXPLAINS IN DETAIL HOW HE WILL SAVE MEDICARE DURING DEBATE by saywhat
Do you think the folks would prefer to have their State run their health care WHEN THEY ADMINISTER MEDICAID NOW or have an inefficient FEDERAL GOVERENMENT RUN THEIR HEALTH CARE?
Any government brought closer to home has to be more efficient than THE TOO BIG FEDERAL GOVERNMENT WHICH WASTES TRILLIONS OF DOLLARS EACH YEAR. Of course, the FED has to run defense, etc. like the founding fathers wanted but remember they designed a government with STRONG STATE RIGHTS.
Here is further proof that STATES can do a better job than the FED, just like in the Romney Plan when Governor.
But most important, because Medicare patients are older, they are substantially sicker than the average insured patient — driving up the denominator of such calculations significantly. For example: If two patients cost $30 each to manage, but the first requires $100 of health expenditures and the second, much sicker patient requires $1,000, the first patient’s insurance will have an administrative-cost ratio of 30%, but the second’s will have a ratio of only 3%. This hardly means the second patient’s insurance is more efficient — administratively, the patients are identical. Instead, the more favorable figure is produced by the second patient’s more severe illness.
Medicare has higher administrative costs per beneficiary