News for hackers. Stuff that matters.

A comment on The New York Times Is Eliminating Its Public Editor Role. Parent comment

Re:The New York Times Is Eliminating Its Public Editor Role by coredog64 on Thursday June 01, 2017 @09:22AM (#14459999)
HHS doesn't actually pay medical costs with that 95%. They take a 5% cut for their own overhead and then turn around and pay a group of private insurance companies to provide coverage with the rest.
[ Parent | on HN ]
Re:The New York Times Is Eliminating Its Public Editor Role by aladoc99 on Friday June 02, 2017 @10:38AM (#14470198)
I think the 5% includes the administrative cost of the third-party administrators as well as HHS itself. The 95% is payments to hospitals, doctors, pharmacies, etc.
[ Parent | on HN ]