Claim: "Private insurance companies in this country spend between 12 and 18 percent on administration costs. The cost of administering the Medicare program, a very popular program that works well for our seniors, is 2 percent. We can save approximately $500 billion a year just in administration costs."
Fact-check: Administrative costs for private insurance versus Medicare
Verdict: half-true
Organisation: PolitiFact
Author: Manuela Tobias
Date published: 2017-09-20T00:00:00