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Old 10-27-2012, 10:21 AM  
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Originally Posted by roeblake View Post
Maybe cooperation is needed, Obama will get old but the economic problem is still young and strongly existing. One of the biggest line items in the federal budget is Medicare, the medical care plan for seniors. Fraud is already a large cost, but a dastardly practice in the gray area between scam and legitimate care is Medicare overbilling. A recently-released study suggests numerous doctors are submitting Medicare claims for more costly codes than they should be.
All the more reason to shift toward mandated private insurance instead of single-payer. Government doesn't have much of an incentive to stop fraud as whatever Medicare saves is just sent back to Washington. When a private company stops fraud, it's profits increase.
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Old 10-27-2012, 06:38 PM  
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Obamacare may drive Hobby Lobby out of business.
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The arts and crafts supply chain filed a lawsuit in U.S. District Court in Oklahoma City last month, alleging the mandate is unconstitutional and will force the company's owners "to violate their deeply held religious beliefs under threat of heavy fines, penalties and lawsuits." Failure to cover the drugs in Hobby Lobby's health insurance plan could lead to fines of up to $1.3 million a day, according to the company. http://www.businessweek.com/ap/2012-...ing-after-case
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