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A comment on DOGE's Only Public Ledger Is Riddled with Mistakes. Parent comment

Re:DOGE's Only Public Ledger Is Riddled with Mistakes by llamaimperative on Saturday February 22, 2025 @06:53PM (#43144592)
1. Your $3.7 billion figure is about auto insurers

2. I misspoke and meant "marketing" broadly, not ads in particular. This all fits under administrative overhead which is one of the major sources of inefficiency between private health plans in the US compared to Medicare/Medicaid.

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Re:DOGE's Only Public Ledger Is Riddled with Mistakes by JumpCrisscross on Saturday February 22, 2025 @07:08PM (#43144708)
> misspoke and meant "marketing" broadly

Do you have a figure for this?

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Re:DOGE's Only Public Ledger Is Riddled with Mistakes by llamaimperative on Saturday February 22, 2025 @09:07PM (#43145608)
Sure: Private insurance overhead is around 15% (up to 20%) while Medicare/Medicaid overhead is around 2%.

They are both insurance programs.

Aside from variations in fraud detection efforts (which Medicare/Medicaid should do more of), what justifies such a gap?

It's various methods by which they grow and retain market share, which Medicare/Medicaid don't need to do.

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Re:DOGE's Only Public Ledger Is Riddled with Mistakes by JumpCrisscross on Saturday February 22, 2025 @09:21PM (#43145717)
> Sure: Private insurance overhead is around 15% (up to 20%) while Medicare/Medicaid overhead is around 2%

This doesn't say the difference is in marketing.

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