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.

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