The Warrior found this.
...when you compare administrative costs on a per-person basis, Medicare is dramatically less efficient than private insurance plans. As you can see here, between 2001-2005, Medicare’s administrative costs on a per-person basis were 24.8% higher, on average, than private insurers.
Actually, Obama is much less-sophisticated a liar than Clinton.
And, fortunately, the smackdowns are faster. Yesterday, the "McAllen lie." Today, the "Administrative costs" lie.
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