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 Thursday, November 12, 2009
Medicare Fact Check
By Paul Hsieh, MD @ 12:05 AM PermaLink

The latest AAPS briefing tackles the myth that, "Medicare is the model of efficiency and fairness".

The points covered include:
* It is structured as a Ponzi scheme
* Its low administrative costs are a mirage.
* It is sustained by the general fund and by cost-shifting
* It is unfair to both patients and physicians
* The system is rife with fraud
* Government care costs much more
* Medicare taxes impose uncounted costs
These are good reasons to run away from any proposal called "Medicare For All".

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