
07-17-2008, 03:12 PM
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Analyst
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Join Date: Jun 2008
Location: Texas
Posts: 1,961
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Medicare is a joke. It's incredibly wasteful and allows billions of dollars to be lost each year due to it's refusal to allow it's buyers to engage in common marketplace pracices like using competition to get decent prices.
Furthermore, added spending does not correlate to better services.
http://www.forbes.com/2004/10/12/cx_mh_1012waste.html
Quote:
We tend to think that high-tech medicine--blockbuster pills and expensive surgeries--is behind our skyrocketing national medical bill. But inefficiency may be a much more powerful part of the problem than we realize.
Take this stunner: States that spend the most money per Medicare patient actually tend to give lower-quality health care than those that are frugal.
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“It is the soldier, not the reporter, who has given us freedom of the press. It is the soldier, not the poet, who has given us freedom of speech. It is the soldier, not the campus organizer, who has given us the freedom to demonstrate. It is the soldier, who salutes the flag, who serves beneath the flag, and whose coffin is draped by the flag, who allows the protester to burn the flag.” - Father Dennis Edward O’Brien, USMC
God Bless America
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