Medicare Fraud: What Would it be Like if the Govt Ran Everything?
One of Obama’s promises about his takeover of our healthcare industry is that we can save money by eliminating “waste, fraud and abuse”. If he knows where it is, why not just do that now? Why do we need a takeover by the govt to do it?
The very existence of Medicare fraud(the part of the healthcare industry already run by the govt) makes one wonder why they can’t prevent it now.
‘60 Minutes’: Medicare Fraud Raises ‘Troubling Questions About Our Government’s Ability to Manage a Medical Bureaucracy’
“60 Minutes” did a fabulous exposé Sunday on Medicare fraud that should be required viewing for all people who support a government run healthcare program in this country.
The facts and figures presented by CBS’s Steve Kroft were disturbing as were the details concerning how shysters bilk the system for an estimated $60 billion a year.
As Kroft warned viewers in the segment’s teaser, “We caution you that this story may raise your blood pressure, along with some troubling questions about our government’s ability to manage a medical bureaucracy” (video embedded below the fold with partial transcript, h/t Marc
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At the center of both issues is Medicare, the government insurance program that provides health care to 46 million elderly and disabled Americans. But it also provides a rich and steady income stream for criminals who are constantly finding new ways to steal a sizable chunk of the half a trillion dollars that are paid out each year in Medicare benefits.
In fact, Medicare fraud - estimated now to total about $60 billion a year - has become one of, if not the most profitable crimes in America.
We caution you that this story may raise your blood pressure, along with some troubling questions about our government’s ability to manage a medical bureaucracy.
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Just imagine what the fraud will be like if the government is responsible for everyone’s healthcare.
As the segment drew to a close, Holder told Kroft something that should scare the heck out of everyone who wants government run insurance for all Americans: “I think people I don’t think necessarily thought that something as well intentioned as Medicare and Medicaid would necessarily attract fraudsters. But I think we have to understand that it certainly has.”
Yes we do.
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Be afraid, be very afraid, of the Obama takeover of our healthcare industry.
We will pay more, and get less. It’s guaranteed.
