Fun Fact of the Day, November 26, 2019

November 26, 2019

It’s A Business - American private health insurance companies spend on average 12.2% of premiums collected on administrative costs, i.e., if the private health insurers pay out benefits of less than 87.8% of premiums, they will be profitable (source: Donald Berwick, Obama administration health care official). Reprinted with permission from BTN.

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