Martin Sheen Has Harsh Words For Progressives Critical Of Obama

What Obama did was entrench, institutionalize, the insurance industry as the 'for-profit'-gatekeepers to Americans getting medical care.  For all time.  And an expensive gatekeeper at that; much more expensive than the government (and less efficient, too).

The important thing is administrative costs.  The amount of money taken out of every dollar the subscriber pays into the plan.  Medicare takes about 5%.  Private insurance companies take anywhere between 23% to 30% (and it's can be as high as 39%).  

Either the private insurance companies are grossly inefficient or they're extremely profitable for the people who run them.  Net profit, after all, is what's left after all the bloated salaries of the upper management team is taken out.  

What's wrong with that is that CEOs are making 400-500 times as much as the line workers and they're not doing it because they're incredibly savvy, efficient, inspiring leaders; they're doing it because they run in a rarified circle of like-minded people that mutually justify their obscene compensation packages.

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Read the Article at HuffingtonPost