Medicare Administrative Costs May Be Higher Than The Private Sector's

See Administrative Costs of Medicare By Arnold Kling of EconLog.

"John Goodman and Thomas Saving write,

raw numbers show that, using Medicare's own accounting, its administrative expenses per enrollee are higher than private insurance. They are lower only when expressed as a percentage - but that may be because the average medical expense for a senior is so much higher than the expense for non-seniors."