Government Efficiency at Work - The American Spectator | USA News and Politics
Government Efficiency at Work

The WSJ editorial page uses news of recent busts of a Medicare fraud ring to make an important point:

One of the purported benefits of nationalized health care is that it will be more efficient than private insurers since it would lack the profit motive and have lower administrative expenses, like Medicare. But one reason entitlement programs are so easy to defraud is precisely because they don’t have those overhead costs — they automatically pay whatever bills roll in with valid claims numbers.

In fact, an estimated $60 billion, or 7.5 percent, of the $800 billion spent on Medicare each year is lost in fraud.

Sign up to receive our latest updates! Register

By submitting this form, you are consenting to receive marketing emails from: The American Spectator, 122 S Royal Street, Alexandria, VA, 22314, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Be a Free Market Loving Patriot. Subscribe Today!