Which of the following features of the Single-Payer system of health care administration do its supporters argue will reduce health care costs?

Question

Quizplus · Accepted Answer

Supporters of the single-payer system argue that the reduction of administrative costs, such as billing and office staff, and the centralization of administration will help reduce healthcare costs. Additionally, abolition of private, for-profit health insurers is also expected to lower costs by eliminating their profit margins and reducing administrative overhead. Therefore, all of the above features are expected to contribute to cost reduction under the single-payer system.

Which of the Following Features of the Single-Payer System of Health