Friday, May 1, 2009

A Figure That's Sure to Grow

According to the GAO, Medicare mistakenly paid out $19,000,000,000 in improper payments during 2008. Any bets as to how many wrong payments will be paid when the government takes over the whole health care system? Then add in the inevitable waste that is part and parcel of large bureaucracy. And don't forget to count in the fraud that is sure to come. You can almost hear the ding, ding, ding as taxes go up every year. Read the whole CNS news report here.

No comments: