June 19, 2014

Government Incapable Of Providing Good Health Care


[From article]
A more dysfunctional “pot of partners” would be hard to find. According to the Talmud’s wisdom, if eight different authorities are simultaneously in charge of Medicare, it means that nobody is in charge! Hence, it is all but guaranteed that Medicare (or any other similarly managed entity) will be riddled with inefficiency, mismanagement, and fraud.
[. . .]
Nobel laureate economist Milton Friedman wrote that between 1965, when Medicare and Medicaid were introduced, and 1989, the cost per patient day at a U.S. hospital increased eightfold.
[. . .]
The fact however remains that the 2013 bill for Medicare was 4,100% more than the government once said Medicare would eventually cost in 1990.
[. . .]
For the VA to function acceptably, its functions mustbe turned over to private sector healthcare providers.
ObamaCare promises to become the biggest bureaucracy of them all. Consequently, unless repealed, it will utterly devastate U.S. healthcare – far more so than Medicare, Medicaid, or anything else.

http://americanthinker.com/2014/06/the_same_fatal_flaw.html

June 11, 2014
The Same Fatal Flaw
By DB Ganz

No comments: