'Why It's Easy to Steal From Medicare'

.....and why it would be just as easy to steal from Obamacare.

Noteworthy:

"By contrast, private insurers try to manage care, and that takes money. Not only does administrative spending go toward screening for waste and fraud -- logical, given the return-on-investment incentives -- they also go toward building networks of (honest) doctors and other providers. Medicare doesn't pay for this legwork, so it simply counts fraud losses as more spending. Generally private insurers also attempt to pay for other things that consumers find valuable, such as high quality, while Medicare and Medicaid are forbidden by law from excluding substandard providers, unless they're criminals."

Don't believe the "lower administrative cots of Medicare" nonsense the "progressives" like to babble about in support of socialized medicine Obamacare.

Uncle Sugar's administrative costs for Medicare are ridiculously understated, particularly in their lack of accounting for obtaining capital, and their of-the-books HUGE marketing tab to promote and explain the program, tasks that they fail to accomplish effectively for beneficiaries.

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