"Of course companies pay more than Medicaid and Medicate pay less, not more than private insurers..."
Actually, Medicare in general is one of the best payers for the doctor, if you look at the amount of money paid to the doctor per procedure. Very rarely any isnurance company will pay more then Medicare. Agree with the Medicaid part, they pay very little.
“Spend 26.9%” means waist for themselves (hurdle), doesn’t it?
You are correct. " Thus government spends 66 percent more than the private sector per dollar of benefits paid."
Sorry, if I confused it in the following posts.