Thursday, October 11, 2018

the cost of administering health care insurance is double the cost of providing primary care to everyone

 With everyone praising the  new insurance schemes  implemented by the south Indian states of  AP/Telangana and Karnataka

Dr. Michael Fine has estimated the cost of population-based primary care to be $500 per person per year in 2003 dollars ($592 in 2010 dollars).10 This includes dental care, primary care laboratory and imaging tests, mental health services, home health care, nutrition counseling,physical therapy, common generic pharmaceuticals, and public health services. By contrast, the cost of health insurance is four to five thousand dollars per person per year, of which 10 to 20 percent, or four hundred to one thousand dollars, is spent on administrative overhead. In other words, the cost of administering health care insurance is double the cost
of providing primary care to everyone.11

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