Friday, March 30, 2012

Government Health Insurance Costs

ObamaCare’s argument is that government health insurance will be cheaper than private health insurance. That’s not true, and defies past experience wherever practiced, overseas or in Massachusetts.

And take a look at Medicare and Medicaid if you want to see costs rising far beyond health expense estimates. The many reasons are conveniently overlooked when it’s politically necessary to do so.

Private insurance does a far, better job of preventing fraud than do government programs.

Private administration is more efficient. When government attempts to cut its overhead costs, it does so by paying questionable bills. Efficiency is a lesser option.

Private insurers also create effective doctor and medical networks that government has heretofore not done to avoid errors, and probably will never accomplish.

Government reduces operating costs by delaying or simply not paying for certain coverage. Rationing may be done by age or what a consulting board says should be treatment standards. We know it causes a loss of lives by comparing American statistics with those of countries with socialized medicine, such as the UK and Canada.(See the Earl J. Weinreb NewsHole® comments.)


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