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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?


To: Joe Btfsplk who wrote (10667)10/23/2009 7:38:20 PM
From: Peter Dierks2 Recommendations  Respond to of 42652
 
The syllogism goes as follows:

1. Socialism has been a failure everywhere it has been tried;
2. Everyone knows this; and
3. Therefore, we need more socialism.


Yet the sheer illogic of it cannot penetrate the minds of proponents of the proposed Obamacare government takeover.



To: Joe Btfsplk who wrote (10667)10/27/2009 6:22:21 PM
From: Peter Dierks1 Recommendation  Read Replies (1) | Respond to of 42652
 
Medicare Fraud Puts Insurance Profits in Perspective [Mark Hemingway]

As Jonah noted yesterday, 60 Minutes did a great report on Medicare fraud this past Sunday. Among other things, the report noted that Medicare fraud was now more common in South Florida than the drug trade.

Medicare fraud amounts to $60 billion dollars a year. That is one heck of a lot of money. In fact, Medicare loses seven times as much money in fraud every year than the combined profits of the 14 health insurance companies on the Fortune 500. Medicare currently covers 46 million people. How much more money will be lost to fraud when an additional 88 million people are dumped off of employer health insurance rolls in favor of a public option?

And remember, one of the primary reasons that the public option is supposedly better than private insurance is low administrative costs. Well, a major reason why private insurance has higher administrative costs is that, unlike the federal government, they make a genuine effort to combat fraud.

healthcare.nationalreview.com