Healthcare

The administrative cost with Medicare are less than those in private insurance. The big differences are first that social security is charged with keeping track of Medicare patience as well as collecting premiums. Second Medicare doesn't spend as much in checking on need before approving treatment. The big difference is private insurance pays for advertising and Medicare for all would eliminate that cost and thus offer considerable savings. Longer term Medicare for all offers savings in rationing treatment. With private insurers competing there are limits on how much rationing will work. If one company says they will not pay for a certain treatment another company may step in to get that business. In summary Medicare for all will offer savings by removing advertising cost and rationing treatment. In making the change millions of jobs will be eliminated along with billions in advertising dollars.