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Business Benefits from National Health Insurance

Business Benefits from National Health Insurance

Alone among the nations of the world, the U.S. has relied upon private health insurance to cover the majority of its population, but far from all – 47 million are left out. This system is inefficient: it costs too much and the business community overpays. The private insurance industry spends about 20% of its revenue on administration, marketing, and profits. Further, the industry imposes on physicians, hospitals and businesses an administrative burden in billing and insurance related functions that consume…

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