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'60 Minutes': Medicare Fraud Raises 'Troubling Questions About Our Government's Ability to Manage a Medical Bureaucracy'
'60 Minutes': Medicare Fraud Raises 'Troubling Questions About Our Government's Ability to Manage a Medical Bureaucracy'
"60 Minutes" did a fabulous exposé Sunday on Medicare fraud that should be required viewing for all people who support a government run healthcare program in this country. The facts and figures presented by CBS's Steve Kroft were disturbing as were the details concerning how shysters ...
Medicare Fraud: A $60 Billion Crime
cbsnews.com — Play CBS Video Video The $60 Billion Fraud Medicare and Medicaid fraudsters are beating U.S. taxpayers out of an estimated $90 billion a year using a billing scam that is surprisingly easy to execute. Steve Kroft investigates (more) Medicare Fraud: A $60 Billion Crime
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Medicare fraud "most profitable crimes in America."
USS NeverdockWill Obama wage war on CBS now? "'60 Minutes': Medicare Fraud Raises 'Troubling Questions About Our Government's Ability to Manage a Medical Bureaucracy'" Indeed. ...

Where Credit is Due -- By: Jonah Goldberg
The Corner on National Review Online — Since I'm not exactly a cheerleader for the MSM most of the time, I thought it only right to distribute some attaboys when appropriate. Last night's "60 Minutes" on Medicare fraud was really top notch and very well-timed (some details here). Over the weekend, I listened to part two of the public radio show This American Life's special on healthcare in America. I don't know that I agreed with every last bit of it, but it was a really edifying and compelling bit of journalism (I generally think those guys do a great job). Oh, and kudos to members of the White House pool for standing up to the Chicago bullyboys. ...

Health Insurance Companies Are Racking Up HUGE Weak Profits. Meanwhile Super Awesom Government Run Medicare Is A Fraud Magnet
Ace of Spades HQ — ... 2.2% profit margin on average which puts them in 35th place on Fortune's top 500 industries. By comparison, railroads return a 12.6% profit margin. Somehow Free Rail Shipping for Everyone! hasn't become a political hot button. In other health care news...Medicare, which is supposed to be the shining example of how the government can run health care better than anyone is ripped off of about $60 BILLION a year in fraud. How can that be? There's a simple explanation according to this 60 Minutes interview with Medicare Director Kim Brandt. Well, it really does come down to the ...

Government programs that breed waste and fraud
Betsy's Page — ... If this keeps up, it'll soon make more sense to retire and play golf than work for a living." Was that really what the stimulus was about - to help rich golfers buy their own personal golf carts? Is that the type of program we needed to put in place while we put our children into unimaginable debt? It's not only the stimulus that rushed through all these opportunities to get undeserved money out of the government. Medicare has also provided lots of opportunities for outright fraud. Sixty Minutes reported on Sunday on how easy it has become for criminals to set up outfits to ...

Postal Service Posts $3.8 Billion Loss
JammieWearingFool — ... Medicare suffers $60 billion a year in losses due to fraud. A Social Security program which nobody can seem to agree on when it will run out of money, they just all agree it will. Hell they ...

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