March 3, 2011

Government efficiency

And we expected the government to do better? From Politico:
GAO: Medicare losing $48 billion
Nearly 10 percent of all Medicare payments are fraudulent or otherwise improper, and the government isn�t doing enough to stop them.

That�s the conclusion of a Government Accountability Office report released Wednesday. The report, issued at the request of a House subcommittee investigating Medicare and Medicaid fraud, estimates that the federal government is losing $48 billion on the improper payments � a significant amount for a program that �is fiscally unsustainable in the long term� unless action is taken.
And making the health-care program bigger will make it better? How about streamlining what is already in place and cutting down the barriers to competition (tort reform, being able to buy insurance across state lines, medical savings plans, etc. etc. etc.) Posted by DaveH at March 3, 2011 10:12 AM
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