Notable Quote - Obama Care was Built to Drive Health Care Costs Up - Granite Grok

Notable Quote – Obama Care was Built to Drive Health Care Costs Up

repeal-obamacare1

“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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