DYSPEPSIA GENERATION

We have seen the future, and it sucks.

Why It’s Easy to Steal From Medicare

2nd July 2009

Read it.

One of the purported benefits of nationalized health care is that it will be more efficient than private insurers since it would lack the profit motive and have lower administrative expenses, like Medicare. But one reason entitlement programs are so easy to defraud is precisely because they don’t have those overhead costs — they automatically pay whatever bills roll in with valid claims numbers.

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