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Death Panel

A fictional political term that refers to a supposed committee of doctors and/or bureaucrats who would decide which critically ill patients receive treatment, allegedly leaving the rest to die. Sometimes conflated with, and likely derived from, the Independent Payment Advisory Board (IPAB) established by the Affordable Care Act.

Administrative Costs

Administrative costs refer to outlays that are not directly related to the service or good a company is selling. For a standard business this could…