Emboldended By Majority, The Truth On Obamacare Slipping Out
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."