Tag Archives: Medicare fraud

Why Medicare & Medicaid fraud dwarfs commercial endevours

” Politicians are spending other people’s money, so their incentive to prevent fraud is far less. Therefore, fraud will always be higher in government programs than in similar market endeavors.” Continue reading

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Medicare Loses Nearly 4 Times as Much Money as Health Insurers Make

Next time someone decries insurance company profits, remind him that fraud and waste in Medicare and Medicaid far exceed these dollar amounts. Check out Jeffrey Anderson’s article in the Weekly Standard: “Medicare Loses Nearly Four Times as Much Money as Health Insurers Make.” See also my previous post: “Medicare & Medicaid fraud far exceeds insurance company profits.” Continue reading

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Medicare & Medicaid fraud far exceeds insurance company profits

A wonderful post by John Goodman: Competition from a “Public Plan”: What to Expect 60 Minutes: Medicare fraud is $60 billion a year YouTube versions w/o commercials: Part 1, Part 2. GAO: Medicaid fraud was $33 billion in 2007 alone … Continue reading

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Medicare’s low payments … Boulder hospital closes

The Daily Camera published my comments on this on Saturday print edition: If “Medicare for all” gives you that intoxicating “government as nurturing parent” feeling, think again. The Camera reported that “thousands of patients” … “will have to find new … Continue reading

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More Medicare fraud

From last week’s New York Times: Medicare’s top officials said in 2006 that they had reduced the number of fraudulent and improper claims paid by the agency, keeping billions of dollars out of the hands of people trying to game … Continue reading

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“Medicare has lower administrative costs”

I often hear this from people who defeind confiscating taxpayer’s money without their consent to pay for a government run insurance program for the elderly.  They use this argument to justify wanting “Medicare for all.”  How does a defender of … Continue reading

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