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Monday, June 01, 2015

Study: Administrative Costs Growing Under Obamacare

A new study shows overhead costs are rising at a shocking level under Obamacare, the Hill reports.

The administrative costs for healthcare plans are expected to explode by more than a quarter of a trillion dollars over the next decade, according to a new study published by the Health Affairs blog.

The $270 billion in new costs, for both private insurance companies and government programs, will be “over and above what would have been expected had the law not been enacted,” one of the authors, David Himmelstein, wrote Wednesday.

More here

4 comments:

Anonymous said...

Duh.

Anonymous said...

Duh.

Anonymous said...

Its time to end this fiasco now

lmclain said...

270......BILLION !!!
Was there ANYTHING about this scheme that Obama and ANY of his supporters told the TRUTH about?
Save $2500? Nope.
Keep your doctor? Nope.
Better coverage? Nope.
AFFORABLE ???? Only for the people who are wealthy and don't care what the cost is, people who never will use it, or for people who don't pay anyway.
The rest of "we, the people"? Screwed.
Please.
Keep.
Cheering.