Tag Archives: Medicare waste

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

Posted on March 10, 2011 by Brian Schwartz

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 for All’ Will Bankrupt the United States

Posted on September 7, 2009 by Brian Schwartz

Paul Gessing is president of the Rio Grande Foundation has written a good article summarizing some problems with Medicare and why “Medicare for all” would be a disaster.  They include: “Medicare’s expected future obligations exceeded premiums and dedicated taxes by … Continue reading →

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Medicare’s low payments … Boulder hospital closes

Posted on February 9, 2009 by Brian Schwartz

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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