Are Administrative Costs Evil?

Are Administrative Costs Evil?

Most health policy wonks do not seem to be bothered by bureaucracy in any field other than health care. For example, I almost never meet anyone who complains about high administrative costs in health care who makes the same complaint about education, where the problem is much more severe.  When Congress passed President Obama’s health care law, it definitely made things worse than they otherwise would have been by trying to regulate how much health…

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