Economy $50 Billion in Medicare money are wasted each year to "improper payments".

Discussion in 'The War Room' started by Arkain2K, Apr 20, 2019.

  1. Arkain2K

    Arkain2K Si vis pacem, para bellum

    Joined:
    Dec 6, 2010
    Messages:
    28,685
    Likes Received:
    26,291
    For those who looked far and wide to find the funding for their Medicare-For-All proposal, here's a good place to pick up a cool $50 Billion annually:

    https://www.politifact.com/truth-o-...lion-medicare-waste-yes-s-how-much-improper-/
     
    Last edited: Apr 20, 2019
  2. Rob Battisti

    Rob Battisti HR for HR Yellow Card

    Joined:
    Jun 1, 2007
    Messages:
    8,988
    Likes Received:
    4,577
    So the answer to a government program that wastes “50 billion” due to mismanagement is to create and even bigger program run by the same people who made the original program?
     
  3. PolishHeadlock2

    PolishHeadlock2 Absolutley Haram Platinum Member

    Joined:
    Mar 29, 2019
    Messages:
    8,800
    Likes Received:
    25,035
    Location:
    Phila Fucking Delphia
    The question you have to ask is does private insurance waste more?

    If we went with Medicare for all we would replace private insurance and the amount that comes out of your paycheck to insurance would go to the government.

    It's very possible that Medicare is more wasteful than private insurance but without seeing a comparison it's hard to say.

    I do know that the government audits hospitals and healthcare providers for Medicare services. This itself could be a waste but I'd like to see a comparison
     
    PEB, ocean size and BarryDillon like this.
  4. RerouteToRemain

    RerouteToRemain Silver Belt

    Joined:
    Sep 2, 2012
    Messages:
    13,028
    Likes Received:
    15,119
    Location:
    AZ
    The American people are getting fucked. If you tried to account for every dollar that the government takes in and spends every year I wonder how much is lost, wasted, stolen, misused, etc. How many pockets are padded, pay to play corruption contracts, etc.
     
    Anung Un Rama likes this.
  5. Arkain2K

    Arkain2K Si vis pacem, para bellum

    Joined:
    Dec 6, 2010
    Messages:
    28,685
    Likes Received:
    26,291
    If "waste" is defined as "improper payments", then private companies will ALWAYS be more mindful about their checkbook than governmental agencies.

    There's not that many topics that gets my blood boils like when I look at wasteful government spending, which knows no boundaries.
     
    GrandNewb, Pseudo Sane, G-19 and 4 others like this.
  6. PolishHeadlock2

    PolishHeadlock2 Absolutley Haram Platinum Member

    Joined:
    Mar 29, 2019
    Messages:
    8,800
    Likes Received:
    25,035
    Location:
    Phila Fucking Delphia

    Waste should be defined as payments delivered vs services provided.

    I'm not really on the UHC side but I'd like to see those stats.

    Which system gives the better return on investment? If it's private insurance with Medicare helping out the less fortunate let's keep going with that.

    If UHC gives us the same or better coverage at a lesser cost let's go with that.

    I really don't care about waste studies that have no comparison
     
    Sohei, 7437, JSN and 1 other person like this.
  7. Arkain2K

    Arkain2K Si vis pacem, para bellum

    Joined:
    Dec 6, 2010
    Messages:
    28,685
    Likes Received:
    26,291
    That is why I prefer to have both private and public systems running concurrently. All those questions would be answered within the year.
     
    Son of Jamin and PolishHeadlock2 like this.
  8. RerouteToRemain

    RerouteToRemain Silver Belt

    Joined:
    Sep 2, 2012
    Messages:
    13,028
    Likes Received:
    15,119
    Location:
    AZ
    Absolutely.

    I'm sure it's in the many hundreds of billions range.

    It's not just traditional waste but things like how much more effective and efficient can a program, group, project, etc be. How unnecessarily bloated is the staff, budget, project, timeline, etc.
     
  9. PolishHeadlock2

    PolishHeadlock2 Absolutley Haram Platinum Member

    Joined:
    Mar 29, 2019
    Messages:
    8,800
    Likes Received:
    25,035
    Location:
    Phila Fucking Delphia
    Sure but don't we already have examples of that with states and other countries?

    I feel like you're the man to make a thread with all of the studies
     
  10. Scheme

    Scheme Black Belt

    Joined:
    Feb 4, 2013
    Messages:
    5,214
    Likes Received:
    10,188
    Location:
    At the scene of a Jon Jones car crash
    We need an anti-corruption task force... that is immune to corruption...
     
  11. ocean size

    ocean size Black Belt

    Joined:
    Aug 14, 2007
    Messages:
    7,328
    Likes Received:
    4,901
    Medicare's fraud prevention programs take in more than they cost. They could probably be expanded.

    However under M4A billing would become much more simple overall. Hospital admin overhead in UHC countries like Canada is half that of the US.

    Also is a fallacy to assume private companies are necessarily more efficient when they are incentivised to expand healthcare costs. CEO compensation is tied to it. The amount of the take-home they can spend on paying themselves, advertising etc is tied to it.

    The private marketplace benefits from healthcare inflation which is already insane. M4A would be incentivised to control it.
     
  12. JoshTehV

    JoshTehV Brown Belt

    Joined:
    Jul 11, 2016
    Messages:
    3,561
    Likes Received:
    4,616
    I find that hard to believe since they wouldn't cover my broken finger after they told me over the phone via 2 people 1 regular and the other was the supervisor and they've been sending me a bill for 900$ since july, but somehow they are funding peoples sex changes and hormone therapy
     
  13. JDragon

    JDragon #StayTheFuckHome Platinum Member

    Joined:
    Nov 28, 2010
    Messages:
    15,158
    Likes Received:
    20,924
    Location:
    Germany
    Seeing this and your Pentagon thread, I feel a tax waste megathread may be in order?
     
    PolishHeadlock2 and Son of Jamin like this.
  14. ocean size

    ocean size Black Belt

    Joined:
    Aug 14, 2007
    Messages:
    7,328
    Likes Received:
    4,901
    Are you old? Why are you on Medicare
     
  15. Arkain2K

    Arkain2K Si vis pacem, para bellum

    Joined:
    Dec 6, 2010
    Messages:
    28,685
    Likes Received:
    26,291
    There are several things that Americans simply have to embrace as long as they keep voting for Democrats and Republicans, for it already became the status quo: Israel, Saudi Arabia, and Tax Waste.

    No matter who's sitting in the White House, hundreds of billions of tax dollars went down the drain every single year with utter impunity, absolutely no one who are responsible ever get into trouble for it, and all you're going to see in the mainstream media are utterly pointless shit being rubbed into people's face day in and day out to distract them from the real issues that needs to be addressed.
     
    Last edited: Apr 21, 2019
    Pseudo Sane and Swoliosis like this.
  16. JoshTehV

    JoshTehV Brown Belt

    Joined:
    Jul 11, 2016
    Messages:
    3,561
    Likes Received:
    4,616
    medicare/medical same people pay into both, same cess pool
     
  17. JDragon

    JDragon #StayTheFuckHome Platinum Member

    Joined:
    Nov 28, 2010
    Messages:
    15,158
    Likes Received:
    20,924
    Location:
    Germany
    I don't think there is some kind of agenda or conspiracy to consciously distract from instances of tax waste. Occam's razor would suggest otherwise. I believe that a) there is no culture of accountability, and b) political discussion revolves much more about politicized issues ('Do we need / fund the EPA' is more of a topic of debate than 'Is there waste within the military', even if getting rid of the latter would enable funding the former many times over*).


    *Not fact checked, just an example
     
    Pseudo Sane likes this.
  18. nhbfan8080

    nhbfan8080 Red Belt

    Joined:
    Apr 4, 2004
    Messages:
    7,731
    Likes Received:
    2,488
    The problem is that the beneficiaries of the wasted $50 billion are private healthcare industry which don't really want things to change. They want to keep the Medicare golden goose alive which was why they screamed about "death panels" and "killing grandma" during Obama's term. So on one hand they bilk Medicare as much as possible with unnecessary treatments for over 65ers and still they claim that the privatized healthcare system is better than single payer.
     
  19. VivaRevolution

    VivaRevolution Banned Banned

    Joined:
    Feb 2, 2016
    Messages:
    34,023
    Likes Received:
    41,477
    I bet Aetna, does 200 billion in fraud a year.
     
    Sohei likes this.
  20. Anung Un Rama

    Anung Un Rama Idol of Millions Platinum Member

    Joined:
    Oct 16, 2009
    Messages:
    70,953
    Likes Received:
    71,064
    Location:
    Osgiliath
    And its still projected to be less expensive than our current system.

    The answer is to modernize it. Medicare fraud is a huge issue and always has been. Right now Medicare still relies on a lot of paper filing/ billing.
    Updating the program to the 21st century will have to be part of M4A, and it will have to use modern auditing practices.
     
    ocean size likes this.

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.