Reply #49: The "administration" of the Medicare system is better than any HMO [View All]

[Nimrod2005]

or healthcare company out there...I am not talking about Medicare system will go broke...etc. and I am not talking about people in general struggling to have coverage, I agree with you on all of this. But as a program, Medicare costs less than 5% if its revenues to run, while other private insurance companies spend about 35% of earnings on admnistrative costs.