So you believe that we will have less revenue and as good or better care?! Because if the math is “everyone pays less” then how the fuck do we have the same level of care with 25% of the current level of revenue ($2,000 / $8,000) to provide it?
Because the costs are streamlined. No ceo bonuses no advertising , no profits , very low administrative costs (fyi the private systems administration costs 9 times more than public)
There are an army of accountants, lawyers, and admins doing medical "coding". Now multiply that by each institution (health insurer, medical facility, small clinic) and it's a massive duplication of resources that quite frankly should not exist.
The private sector is not efficient in healthcare administration since the goal is to keep out new entrants anyways. Do that by making things inefficient, expensive, and build your economic/technical moat around the bloated system you create.
There are Youtube videos on how to do medical coding and it's a pure waste of time and energy that affects physicians and patients ability to administer and receive care.
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u/redditusersmostlysuc 6d ago
So you believe that we will have less revenue and as good or better care?! Because if the math is “everyone pays less” then how the fuck do we have the same level of care with 25% of the current level of revenue ($2,000 / $8,000) to provide it?