Medical Malpractice
The healthcare debate is just winding up. Senator Dodd, a practicing socialist, blamed the rising costs in the medical industry on those nasty capitalists seeking profits. The local hospitals and family physicians are part of this evil cabal.
His solution was predictable. Dodd wants congress to create a national insurance agency to compete with the 350 private medical insurers. He insists that the introduction of this option will cause the private insurance companies to sharpen their pencils.
The illustrious Senator from Connecticut and Obama believe much of the cost of such a program will be recouped by eliminating the endemic corruption in Medicare and Medicaid.
Dodd estimates the costs of these medical entitlement programs could be reduced by 30% if the corruption and mismanagement of the system were eliminated. He’s probably right.
And you will love this. He claimed that costs could be dramatically reduced (maybe 20%) if doctors and hospitals stopped ordering unnecessary tests. These words from the same weasel that refuses to cap the outrageous settlements from lawsuits that force doctors and hospitals to practice defensive medicine.
Does anyone believe that a government insurance company, run by the same bureaucrats controlling Medicare and Medicaid, would be more cost-effective? Those with a cursory knowledge of government efficiency would be inclined to double over in laughter at the suggestion.
Dodd, who directly shared and profited from the shenanigans that toppled the housing industry, understands fraud. As a participant, he has first hand knowledge of insider corruption, which makes him an expert in the field. Thus, his words should not be ignored.
Of course, using the same criteria, it would be a waste of talent if Bernard Madoff isn’t offered the chairmanship of the SEC. Madoff was the master of ponzi schemes. The difference: Madoff confined his greed to mostly milking fat cats, whereas, Dodd has his sights set on duping every American into signing up for second class healthcare.
Dodd reluctantly admitted that about 20% of the cost of private healthcare premiums is used to subsidize the uninsured and the government underpayment of services. Federal bureaucrats in Medicare and Medicaid set the rates they will pay medical practitioners for services rendered.
Their tables of payments are based on the government’s “budget,” and its power to bludgeon the medical profession into submission, rather than the realistic cost of services. The rates paid by the privately insured keep the hospitals and emergency centers open. It’s a hidden tax.
Dodd’s scheme is fairly simple. The premiums set by Dodd’s government insurance company will be substantially lower than those offered by private insurers. Consumers and businesses will sign up for the government plan to save money.
This will drive the private insurers out of business, as they won’t be able to compete with the US Treasury. Within a few years the government will control healthcare. Without the inflated premiums of America’s productive workers and companies underwriting the actual costs for medical services, the government bureaucrats will ration healthcare.
It’s Dodd’s refrain to this Ponzi scheme that brings doublespeak to a new level of hypocrisy. He keeps reassuring Americans that they will continue to be able to select the doctor and hospital of their choice.
He neglects to mention that the quality of healthcare will rapidly decline, many hospitals will be forced to close and the incentive to be a doctor will be eliminated.
Here’s a healthcare solution! Try Senator Dodd for medical malpractice.
His solution was predictable. Dodd wants congress to create a national insurance agency to compete with the 350 private medical insurers. He insists that the introduction of this option will cause the private insurance companies to sharpen their pencils.
The illustrious Senator from Connecticut and Obama believe much of the cost of such a program will be recouped by eliminating the endemic corruption in Medicare and Medicaid.
Dodd estimates the costs of these medical entitlement programs could be reduced by 30% if the corruption and mismanagement of the system were eliminated. He’s probably right.
And you will love this. He claimed that costs could be dramatically reduced (maybe 20%) if doctors and hospitals stopped ordering unnecessary tests. These words from the same weasel that refuses to cap the outrageous settlements from lawsuits that force doctors and hospitals to practice defensive medicine.
Does anyone believe that a government insurance company, run by the same bureaucrats controlling Medicare and Medicaid, would be more cost-effective? Those with a cursory knowledge of government efficiency would be inclined to double over in laughter at the suggestion.
Dodd, who directly shared and profited from the shenanigans that toppled the housing industry, understands fraud. As a participant, he has first hand knowledge of insider corruption, which makes him an expert in the field. Thus, his words should not be ignored.
Of course, using the same criteria, it would be a waste of talent if Bernard Madoff isn’t offered the chairmanship of the SEC. Madoff was the master of ponzi schemes. The difference: Madoff confined his greed to mostly milking fat cats, whereas, Dodd has his sights set on duping every American into signing up for second class healthcare.
Dodd reluctantly admitted that about 20% of the cost of private healthcare premiums is used to subsidize the uninsured and the government underpayment of services. Federal bureaucrats in Medicare and Medicaid set the rates they will pay medical practitioners for services rendered.
Their tables of payments are based on the government’s “budget,” and its power to bludgeon the medical profession into submission, rather than the realistic cost of services. The rates paid by the privately insured keep the hospitals and emergency centers open. It’s a hidden tax.
Dodd’s scheme is fairly simple. The premiums set by Dodd’s government insurance company will be substantially lower than those offered by private insurers. Consumers and businesses will sign up for the government plan to save money.
This will drive the private insurers out of business, as they won’t be able to compete with the US Treasury. Within a few years the government will control healthcare. Without the inflated premiums of America’s productive workers and companies underwriting the actual costs for medical services, the government bureaucrats will ration healthcare.
It’s Dodd’s refrain to this Ponzi scheme that brings doublespeak to a new level of hypocrisy. He keeps reassuring Americans that they will continue to be able to select the doctor and hospital of their choice.
He neglects to mention that the quality of healthcare will rapidly decline, many hospitals will be forced to close and the incentive to be a doctor will be eliminated.
Here’s a healthcare solution! Try Senator Dodd for medical malpractice.
Labels: Mr. Obama, national healthcare, Senator Dodd
posted by David at
8:27 AM
<< Home