Oct 01, 2012 2:01 PM
As a physician, assumably dedicated to patient care, I cannot believe you would promulgate this outright lie. The 33% of admin costs are those attributed to private insurance. And buried in those "admin" costs are CEO and shareholder compensation and profits. Medicare, contrarily has a 2% admin cost, other than the VA it is the most cost efficient provider system in the world. The reality is that you don't want your outrageously over-priced services meddled with. With your attitude you'd be better suited as an investment banker than a doctor.