Showing posts with label Medicaid. Show all posts
Showing posts with label Medicaid. Show all posts

Saturday, March 14, 2020

So how's that travel ban working out for the US?

US doing much better than the Euros at this point.  If everything is "racist" the term will fail to matter.
https://townhall.com/columnists/johnrlottjr/2020/03/12/quantifying-how-well-the-trump-administration-is-doing-on-coronavirus-n2564867

It's a being a liability to the government. You could also say it is a bitch being a liability to an insurance company - the difference is insurance companies compete for your business, and the government is going broke "taking care" of our parents. 25% of total medical costs are incurred in the last year of life. Perfect health care cannot be provided to all due to the cost. Incentives within this process are all wrong.

It would be best if we all picked the terms of our end and took the steps to define that through legal documents - but we don't. This guy is the bow wave of advocacy for "I am too expensive to keep alive, let me die". All good - until it becomes policy.
https://www.nationalreview.com/corner/joe-biden-coronavirus-adviser-ezekiel-emanuel-wants-to-die-at-75/

I'm an advocate for liberal trade - but trading with a monstrous tyrant may be a strategic mistake even if it is otherwise a benefit to consumers (better value to consumers provided by a subsidized, subjugated workforce).
https://www.project-syndicate.org/commentary/china-exploit-control-of-pharmaceutical-exports-by-brahma-chellaney-2020-03



Tuesday, February 28, 2017

It's a Big Old Crazy Entitlement Spending World

From 1975 to 2015, social spending by federal and state governments quadrupled in constant dollars, to more than $1 trillion. America now spends enough to give every person in poverty more than $20,000 per year. And yet lamentations for a collapsing safety net are rising in both volume and pitch.

Read more at: http://www.nationalreview.com/article/439796/medicaid-spending-problems-abound-reform-vehemently-resisted?target=topic&tid=2430

Some perspective: We’re spending more than seven times as much on improper, illegal federal payments as we do on NASA. We’re spending nearly 20 times as much on improper, illegal federal payments as we do on the National Science Foundation. We could build 13 Ford-class aircraft carriers every year for what we are spending on improper and illegal payments driven by Obamacare. We’re spending twice as much on improper and illegal payments as it would cost to pay all the tuition costs of every American college student. (Not that having Uncle Stupid do that is a good idea.) If improper and illegal federal payments were an economy of their own, that economy would be bigger than Hungary’s and and more than twice the size of Guatemala’s.

Read more at: http://www.nationalreview.com/article/439919/medicaid-fraud-staggering-cost-140-billion