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You can look at that by comparing Medicare's growth rates to the private insurance world, to the other Federal programs that we run, by looking at the billions of dollars, not millions but billions of dollars, we waste every year.
Thanks to health reform, women across the country with private insurance can get birth control without paying out of pocket. This lets women make the health care decisions that are right for them and puts every one of us in charge of our own reproductive health.
Ann McLane Kuster
Thanks to the Patient Protection and Affordable Care Act, preventive care services, including contraception, will be covered by private insurance plans without co-pays or deductibles.
Do you know what the overhead is of the Medicare system? One-point-zero-five percent. Do you know what - private insurance is 30 percent in overhead and profits? Given a choice how I'm going to improve health care, I'm going to take it away from private insurance profits and overhead. Wouldn't you?
What I am saying is, all health care has a problem with costs. Medicare is growing slower than the private insurance plans. Why? Because of their efficiency. They don't have to give money to shareholders. Why should be defending shareholders?
The availability of private insurance provides tremendous insulation for millions of individuals.
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