Tuesday, June 24, 2008

The Case for Government Healthcare


...is getting weaker and weaker.

Thousands of hospitals, nursing homes and other Medicare providers owe the federal government more than $2 billion in payroll and other taxes.

In some cases, they used the money to buy luxury cars and million-dollar homes.

So to recap, a seperate agency of the federal government is required to inform us that Medicare isn't managing it's accounts payable.

Fast forward to the "Progressive" future where this same level of corruption incompetence is enlisted to manage a national healthcare system.

A report by the Government Accountability Office (GAO) examined 436,000 Medicare providers who received government payments in 2006. It found that more than 27,000, or about 6 percent, owed taxes.

Nearly half of those taxes -- $896 million -- was money withheld from employees' paychecks for Social Security and Medicare programs. Instead of paying those taxes to the government, the owners of hospitals and nursing homes diverted the money into personal accounts, the GAO said."Medicare is a health care program that is designed to serve our nation's seniors, yet this investigation reveals that at all levels -- from hospitals to nursing homes to doctors -- some health care providers are subverting the tax system to line their pockets," said Sen. Norm Coleman R-Minn.,

(Norm!)

Medicare providers keeping billions of taxes for themselves

related posts:

Universal Healthcare: A Bad Idea Whose Time has Come

180 Degrees on Universal Healthcare

Give us your tired, your poor, your can't find a doctor because your healthcare system is falling apart...

The Syndicate

3 comments:

jkruse said...

In related news, I read this morning that somebody from Samsung America planned to embezzle more than $1 million.

Private businesses should be shut down if that's how they plan to manage their finances!

Bike Bubba said...

Private businesses are shut down if they fail to manage finances well. Are you somehow unaware of the phenomenon of "bankruptcy"? Hence stockholders and managers do try to keep things in line.

It's only government that can tax their way out of a bind, and that's why letting them run healthcare is a horrible idea. There is no accountability.

jroosh said...

Samsung isn't forcing me to fund their agenda.

...or buy their products, or their stock.

I can buy their competitor's products, or their competitor's stock.

Or I can choose not to do any of the above.

On the other hand, as a self-employed business owner with employees, I wrote checks to the federal government this year already that are more than the median household income in America so I think I have a right to know where that money goes and how it is spent.