BUSH TO BALANCE BUDGET ON BACKS OF SICK AND POOR

1 02 2008

Is that really news?  Sure, these programs are growing out of control because the insurance companies and the medical establishment are out of control.  The answer is to drive a stake through the heart of the health care vampires, not to cut coverage.  But in our corporate welfare state, that answer is politically incorrect….

from the New York Times:

The budget would not touch payments to insurance companies for private Medicare Advantage plans, even though many Democrats and independent experts say those plans are overpaid.

In the next five years, the largest amount of Medicare savings, by far, would come from hospitals: $15 billion from an across-the-board reduction in the annual updates for inpatient care; $25 billion from special payments to hospitals serving large numbers of poor people; and $20 billion from capital payments for the construction of hospital buildings and the purchase of equipment.

In addition, the president’s budget would reduce special Medicare payments to teaching hospitals, including many in the New York area, by $23 billion over the next five years.

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