The Top Ten reasons Medicare should not be a model for Health Care reform:
- Medicare is going bankrupt.
- Private payers are bailing out Medicare.
- Expansion of entitlement programs threatens our economic security.
- Low administrative costs are a mirage.
- Medicare is rife with fraud.
- Medicare short-changes seniors.
- Medicare's model is obsolete.
- Payments are too low.
- Medical decisions are made in Washington.
- No one is running the show.
Read the article, which includes an explanation of these reasons, in the September 11, 2009 issue of the Wall Street Journal.
When Obama made his statement about number five in his speech to congress, I immediately asked, "If you know there's fraud, why aren't you doing something about it now? Why must you wait for this obscenely abusive "reform bill" before acting?" Estimates of fraud range from three to ten percent of all health care spending.
