Tuesday, July 30, 2013

Can't Be True

Think government programs are safe from such concerns? Think again. The Government Accountability Office estimates that, in 2011, Medicare and Medicaid made a whopping $50.7 billion in fraudulent payments. That same year, the combined annual profits of the nation's 10 largest insurance companies were $13.7 billion. In other words, the government lost almost four times as much as private insurers made.

OK - end medicare and give the elder 1/3 of americans $51,000/year and the responsibility to pay for their own healthcare. 3, 2, 1, go!

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