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by troupo 917 days ago
I mean, you could try and read the full article.

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Administrative Costs [total] : About 30 Percent

Salary and Wages for Physicians and Nurses: About 15 Percent

Prescription Drugs: About 10 Percent

Medical Machinery and Equipment: Less Than 5 Percent

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Administrative Costs of Insurance: $1,055 per person on “governance and health system financing administration” in 2020, compared with the OECD12 average of $193 per person.

Administrative Costs to Providers: A 2021 study by McKinsey estimates hospital administrative costs at $250 billion and clinical services administrative costs at $205 billion, representing 21 percent and 27 percent respectively of 2019 NHE spending in these settings [aka 48% in sum, troupo]

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1 comments

and you can try (and fail again) to explain how 10% of medical care cost for admin (your number) is bigger than the other 90%.

The math is not that hard.

Literally in the article: Administrative Costs [total] : About 30 Percent, Administrative Cost yo providers: 48%.

You: no, it's 10%, math is not hard

I see it's hard for you. Good bye