Thursday, July 21, 2011

Medicare/Medicaid Efficient?

http://nalert.blogspot.com/2011/07/south-florida-psychiatrist-pleads.html

This gives the lie to the "Medicare/Medicaid have a 1% administrative cost" distortion - distortion in that anyone could have administrative expenses that low if they didn't have to collect payments in the current, government distorted system.

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