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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Steve203 ⎊❂🐝 HONORARY
SHREWD   😊 😞
Number: of 21943 
Subject: Re: Medicare Buy-In
Date: 08/18/26 2:33 PM
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And you can't pay half of what we're paying without cutting provider reimbursements.

And why do reimbursements need to be so high in the US?

Here's a major contributor:

Hospital administration costs ranged from 1.43 percent of gross domestic product (GDP) in the United States ($667 per capita) to 0.41 percent of GDP ($158 per capita) in Canada.

Administrative costs accounted for 25 percent—or more than $200 billion—of total hospital spending in the United States. In the other nations included in this study, these costs accounted for between 12 percent of spending (Canada and Scotland) and 20 percent of spending (the Netherlands).

commonwealthfund.org - Comparison hospital administrative costs eight nations US

Administrative paper shuffling adds nothing to patient care.

Steve
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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