Archive for the ‘Government’ Category
What do you think universal health insurance will cost you?
Read the Intelligence Report in the 2-20-08 edition of Parade Magazine. Medicare’s budget is 400 billion dollars. The article says 70 billion dollars were paid out in fraudulent claims. That’s 17.5%. Do you still think government run health insurance is a good idea? If the US government ran a program for everyone, what would the budget be? two trillion?
What would be the amount of fraud? 350 billion dollars if the fraud rate stays the same.
Would a National Health Care System in the US eliminate most fraud (see details)?
Right now, there is a lot of fraud for billing insurance companies, medicaid, and medicare for procedures that were not done or were not needed. Insurance companies spend 20-30% of their revenue making sure the procedures ordered are valid.
If all medical professionals were on a fair plan of compensation instead of making a profit from procedures that they billed the incentive to commit fraud or order unnecessary procedures would be totally eliminated, wouldn’t it?
Then, evaluate them and compensate them on whether they are making their patients healthier or not.
Doesn’t this make sense?
Vastright, I used medicaid and medicare in my example. The problem is in the way people are compensated. We use private doctors to run a government funded program and they abuse it. If they were salaried government workers they would have no what of profiting from cheating.
Medicaid and medicare are the most efficient health care programs we have. But they are still subject to abuse for the reasons I have given.