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David Schweikert: “Half their cost is just administrative [in doctor's offices…”

Featuring: David Schweikert, Republican | U.S. House, Arizona, District 1

'Why Are We So Terrified To Tell The Truth?': Schweikert Warns Of 'Death Spiral' Facing The U.S.

Published June 12, 2024 | Video Starts at 25:35

Look, another piece of legislation we have is you talk to doctor's offices, you talk to surgery centers, you talk to clinics, and they will tell you Half their cost is just administrative [in doctor's offices, surgery centers, and clinics]. The people having to do the back paperwork, the people at the front office. So just walk through a concept, because this actually exists today. (25:35–25:47)

CLAIM

Asserts that administrative costs constitute a significant portion of healthcare expenses.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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David Schweikert

“Total interest this year is going to be maybe just a little shy of 1.2 trillion, making interest the second biggest expenditure in this…”
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“Social Security will be about a trillion 480 billion interest 1.2.”
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“Problem is this year we're borrowing close to, I think our run rate in the last 365 days is like 8% of GDP.”
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“100% of the debt from today through the next 30 years, interest, health care.”
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“The new number on Social Security for this coming year is 1,480,000,000,000.”
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“Medicare is spending maybe up as much as 10% so far this year.”
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“In 15 years, we model, this country has more deaths than births.”
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“The math says right now that child that's young today will be poorer than their parents.”
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“Every dime a member of Congress votes on today is on borrowed money.”
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“This year you're going to spend about 1.2 trillion of your tax receipts in interest.”
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“We've had one or two months, maybe three months where we actually had to borrow money to pay for our borrowed money to pay the interest.”
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“The Pentagon being substantially unauditable. We do not know where almost 4 trillion in assets are.”
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“The eighth year where the Pentagon has functionally come back as unauditable.”
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“We're going to offer this as an amendment in the next day or so on the National Defense Authorization bill.”
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“The Government Accounting Office can only do so much.”
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“There's been an experiment. I got to give the IRS credit on this one. It's a small experiment. They did it last tax season, this tax season…”
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“People are really, really expensive in government.”
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“We estimate, and we have multiple academic articles that say about 16% of all healthcare spending is people failing to stay on their…”
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“The estimate for people not taking their prescriptions is 528 billion per year.”
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“Apple just got its next generation of watch approved by the FDA for monitoring your heart.”
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“Your ability to have that breath biopsy, that flu kazoo, is functionally illegal.”
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“Democrats passed legislation to functionally hand $16 billion of your tax money to big Pharma.”
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“75 miles from here, there's a co-op making three brands or three types of generic insulin.”
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“Obesity will cost this country as high as $9.1 trillion over the next 10 years.”
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“AI tool finds variants for heart disease.”
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“AI traces mysterious metastatic cancer to its source.”
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“We could cut the time down in half bringing cures and miracles to market.”
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“We were able to get two AI amendments attached to the VA bill.”
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“You could crash the price of a healthcare clinic in half [by using technology].”
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“Telehealth should be digital health.”
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“Cure diseases, make people's lives less miserable, but there will be armies of lobbyists in our hallways.”
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