But I’m also an economist, so I periodically comment on how government intervention undermines the efficient functioning of markets in the healthcare field.
Last but not least, I’m also a taxpayer, so I can’t resist occasionally expressing my frustration at how the government is a giant pinata of waste fraud and abuse. And government-run healthcare seems especially vulnerable.
Huge amounts of money bilked from taxpayers for supposed counseling sessions financed by Medicare and Medicaid.
Medicare getting scammed to pay for plastic surgery.
Russian diplomats scheming to get their healthcare costs covered by Medicaid.
We now have another example to add to the list.
The Washington Post has an excellent expose on how government incompetence has made Medicare a prime target for fraudsters and other crooks.
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance: William's Edge Webinar for November 21st, 2014 | John Ransom
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