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General Forum Topics > Health Insurance Forum > Why is Healthcare so Expensive?
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Q: Why is Healthcare so Expensive?
asked by: mworth on November 21st, 2008
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I found this video that explains where healthcare money goes. The numbers don't add up, I'm sure that the healthcare companies are making a killing just like the oil companies.

protest http://www.youtube.com/watch?v=1ptfizT7jVc
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Themis
replied on December 9th, 2008
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Why is the U.S. healthcare system so expensive? Administrative costs, marketing and profits account for 22 to 31 percent of the U.S. healthcare dollar (I recently heard Edward Kennedy say these costs were 33 percent, but I have not seen documentation of that number). By contrast, overhead costs in single-payer systems (including Medicare) typically are 3 percent.

thanks
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