Reply #4: 2% is way lower than private insurance companies

[abelenkpe]

Really if you had the choice who would choose to buy insurance from a company that cost 30 percent in administration costs over one that cost 2 percent? Everyone would choose medicare. Republicans like to blather on about choice and free markets but I'd choose the one health insurance plan I am prohibited from buying into because of my age any day. Wouldn't you?

And the whole push to privatize social security. Aren't their administration costs super low as well? But most are forced to purchase their retirement plan on the "open market" mostly using 401ks and IRAs and those administration fees are ridiculous. Again republicans apparently want us to be free to be ripped off. Who are they protecting there? Citizens or corporations?