Amount spent by the health industry on lobbying in 2003: $300,000,000
Amount spent on campaign contributions since 2000: $300,000,000
Amount of every dollar spent on private health insurance that goes to "administrative expenses": 15 cents
Amount of every dollar spent on Medicare that goes to administrative expenses: 4 cents.
Amount that would be saved in "administrative expenses" by shifting to a "Medicare for all" national health plan: $286 billion
Cost to cover everyone currently without health insurance: $80 billion.
Damn. 10 minutes on Google and I just solved one of the biggest problems the country faces. I'm more of a genius than I realized......
You can read more here and here.
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