“Government interference limits administrative costs (for Hospitals) to 20% of all spending. So, 80% has to be “spent” on care and only 20% on operational costs. The only way to make more money is to spend more on actual care. The best way to do that is to charge more for the same care. So that’s what happens. They make the 80% cost more so that the 20% can be more.
To cover the perverse cost increase incentives insurance companies have to raise premiums. All because of Government meddling in the marketplace.” |Read more here.
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Steve is a long-time New Hampshire resident, award-winning blogger, and a member of the Board of Directors of The 603 Alliance. He is the owner of Grok Media LLC and the Managing Editor, Executive Editor, assistant editor, Editor, content curator, complaint department, Op-ed editor, gatekeeper (most likely to miss typos because he has no editor), and contributor at GraniteGrok.com. Steve is also a former board member of the Republican Liberty Caucus of New Hampshire, The Republican Volunteer Coalition, has worked for or with many state and local campaigns and grassroots groups, and is a past contributor to the Franklin Center for Public Policy.
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