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Thursday, March 11, 2010

Obama Promises to Clean up Medicare, Medicaid

“President Obama continued his drive for a health care overhaul on Wednesday, ordering a crackdown on Medicare and Medicaid waste and fraud, while in Washington, House leaders said they hoped to have a completed bill to present to rank and file members Thursday morning…. ‘The health care system has billions of dollars that should go to patient care, and they’re lost each and every year to fraud and abuse and massive subsidies that line the pockets of insurance company executives,’ Mr. Obama told about 500 mostly supportive local residents in the gymnasium of St. Charles High School here.” (New York Times, Thursday)

Trust them. The new health insurance subsidy will be clean as a whistle.

FEE Timely Classic
“Medicare: Prescription for a Fool’s Paradise” by Dianne L. Durante and Salvator Durante