@spam17:

I never expected such high costs for administrative costs by a country like the US..

:cheesy2:

Especially now that just about everything is automated, paperless, and computerized.

That's what you think!  Healthcare providers are still using FAX machines!

Lol. No it's not 30%. Obamacare put a cap on the medical loss ratio. Insurers can't spend more than 15% on administrative costs. However, your point remains. The administrative costs are too high and way too much of it is spent on billing.

This is why ObamaCare addressed some of these problems by creating the Financial Alignment Initiative and Accountable Care Organizations. It's still too early to tell if these programs actually save money.

Have you read this?  https://www.singlecare.com/blog/30-medical-bills-go-administrative-costs/

But.. I would not be surprised if administrative costs are now 15% (which is still outrageous).  Not because Obamacare reduced administrative costs.. but doubled healthcare costs overall… so what was 30% of  100% is now 15% of 200%

This is why ObamaCare addressed some of these problems by creating the Financial Alignment Initiative and Accountable Care Organizations. It's still too early to tell if these programs actually save money.

I never expected such high costs for administrative costs by a country like the US..

:cheesy2:

Especially now that just about everything is automated, paperless, and computerized.

:cheesy2: