Under PPACA, 85% or more of most medical insurance premiums must consist of reimbursed medical care expenses.
If insurers reduce their costs by 10%, the savings are 1.5%. (10% x 15%)
If medical service providers reduce their costs by 10%, the savings are 8.5% (10% x 85%).
Well, then, 8.5% would be more, wouldn't it?
So why is Milady Sebelius and HHS paying so much attention to insurance costs?
Perhaps because we had to pass PPACA so that we could find out what is in it?
Or, maybe because Milady Sebelius doesn't understand the difference between health insurance and health care?
Or, maybe because she understands the difference full well, but is afraid of the doctors?
I suspect the latter.
My opinion: Milady Sebelius' blend of cost mismanagement and cowardice once again illustrates the oxymoronic nature of "political leadership".
So have yourself a merry little Christmas . . . now.