Marke ch: Obama spending binge never happened

[boutons_deux]

TB

trash talking use of RSS

ignoring totally the drop in govt revenues, at all levels, due to Repug policy decisions to pimp for cutting for-profit-driven increases in Medicare/Medicaid

you're ing shill for the sociopathic 1%

[Winehole23]

you're ing shill for the sociopathic 1%

your counsel of continual despair and disparagement of all resistance as futile makes you their biggest shill, I'd say.

[TeyshaBlue]

you're ing shill for the sociopathic 1%

Prove it, coward.

[clambake]

Prove it, coward.

don't do it, bou! look at his avatar. this dude is ing everywhere!

[boutons_deux]

taxpayer dollars REDISTRIBUTED to for-profit corps and their investors.

OPINION: Who wins with Medicare Advantage?

Because of Uncle Sam’s generosity, insurers allocate much of their marketing budgets to attract seniors. That strategy has paid off. Enrollment in Medicare Advantage plans increased from 5.3 million in 2004 to a 13.1 million this year, according to the Kaiser Family Foundation. That’s about 27 percent of the total number of Medicare-eligible Americans.

The first two insurers to report earnings this month — Unitedhealth and Aetna—had combined profits during the third quarter (July, August and September) of more than $3.1 billion, up from $2.6 billion in the same months last year. This despite the fact that the companies reported a decline of more than 210,000 people in their commercial risk-based health plans for individuals and small businesses. That loss was more than made up by the nearly 450,000 people they added to their Medicare Advantage rolls.
This is not a new trend. Insurers for years have been jacking up the premiums of the health plans they offer to individuals and small businesses far more than many of them can afford, which explains why many of them have dropped coverage, swelling the ranks of the uninsured. While they’ve been purging customers under the age of 65, they’ve been competing vigorously for the seniors they want to enroll.

And why wouldn’t they? According to a recent analysis by Physicians for a National Health Program (PNHP), which advocates for a single payer system, the federal government has overpaid private insurance companies under the Medicare Advantage program and its predecessors more than $282 billion over the past 27 years.



http://www.publicintegrity.org/2012/...care-advantage

The for-profit health care system is bleeding, over-charging, gouging Americans out of $Ts. And Gecko/Ryan turn Medicare over to the for-profit corps.

[Winehole23]

[Winehole23]

Government debt is projected to reach 90 percent of the US gross domestic product by 2022, if not sooner. Economists have identified that level of debt as counterproductive, yet this sad state of affairs is the result of an increasing and bipartisan propensity to spend. During the past 30 years a worrying trend has emerged: high levels of spending under Republican administrations have become ins utionalized in Democratic ones.

http://mercatus.org/publication/high...ome-status-quo