Emboldended By Majority, The Truth On Obamacare Slipping Out

The Morning Bell from The Heritage Foundation.org has this revealing piece on Obamacare.

The Truth About Medicare's Administrative Costs
"Now that Al Franken has been seated in the Senate, Sen. Chuck Schumer (D-NY) is now telling reporters he sees no need for the left to compromise on their demands for a government-run “public option” health care plan. Proponents of the public plan, like Schumer, believe government-run health care is needed “to keep the insurance companies honest,” because they believe private insurance companies have higher administrative costs than a government-run health care system would. The explanations for why liberals believe this are as numerous as they are erroneous: government is more efficient than the private sector; private insurance companies spend too much on marketing; executive compensation is too high; private firms fight too many claims; and, of course, private health care seeks too much profit."
FULL ARTICLE