Thoughts From The Right Side
By Marshall Miller
No single insurance company made even five percent of what Medicare reportedly lost in fraud last year, says Weekly Standard writer Jeffrey H. Anderson. The tactic now seems to be: bash the insurance companies. The Obama health reform crowd will protect you from being plundered by the insurance industry, supposedly.
“So, the next time someone alleges that government-run health care is cheaper because of ‘lower administrative costs’ -- a truly preposterous claim on its surface -- these numbers would be good ones to have at the ready; $60 billion in annual Medicare fraud, $8 billion in combined annual profits for America’s ten largest insurance companies.”
Jeffrey H. Anderson 10-31-09
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