Waste Farud And Abuse

Reducing the waste and inefficiency in Medicare and Medicaid will pay for most of this plan, President Obama, 09/09/09.

Half the bill will be paid for by squeezing excesses out of the [Medicare and Medicaid] system, and there is $500 billion dollars to do that and we’re looking for more. That can be achieved--waste, fraud, abuse, redundancy, obsolescence, whatever it is. Squeeze it out of the system; and that means out of the providers and the rest as well, Nancy Pelosi, 09/10/09.

Squeezing it out of the providers? That is the doctors and Nurses.

Medicare and Medicade both being government run programs, yet they admit they are filled with waste, fraud, and abuse.

And the question everyone with a brain is asking, why do we need a massive congressional overhaul of the entire system, to fix the waste, fraud, and abuse of a government run system? Why can't they just fix that first?

Because maybe there is more behind all this none sense?

The Unionization of Health Care Workers that broke today, is part of it. A large element is Economics 101.

Let's follow the Presidents promises.

Insurance companies profits will be capped.
All preconditions will be covered.
You cannot be dropped.

Lets just run with these three. Right there you have spelled disaster for any company.

Now throw in whatever they are going to call the government option. Where subsidized by tax money, it will undercut the Private insurance companies price.

Then toss in the added taxes on small business to support this new system.

In 10 years time, Private Insurance Companies will have been forced out of the marketplace. And everyone will be on the Government option.

The added tax burden on small business will force most to shut down.

This will happen over time, not overnight. But that is the plan, and has been for some 40 years.

The fundamental change of America. That is what he promised, and that is what he is trying to deliver.