When Medicare was enacted in 1965, Congress projected its costs into the future, and estimated that it would cost $3 billion dollars by 1990. Actual cost in 1990 was $98 billion. Today the program costs taxpayers more than $500 billion annually. Government officials consistently underestimate entitlement costs, refusing to recognize that medical entitlements artificially increase …
Category: Slave Plantation Healthcare
Sep 27
Associated Press cites “lack of regulation” as cause of increased prescription drug prices, even as overregulation is the primary cause of high drug prices
A case study in how the government-supporting media report business news through the lens of government. This weekend, dozens of prominent newspapers (including the Bozeman Daily Chronicle) reprinted an Associated Press (AP) story entitled “Side Effects: Lack of regulation, competition, research costs increase prescription drug costs in the U.S.” See the Minneapolis Star Tribune’s republication …
Sep 25
Montana Health Insurance Rates to Increase 22 to 34 Percent
Government’s slave-plantation-healthcare agenda continues. The Affordable Care Act has now triggered insurance rate hikes of between 22 and 34 percent in a single year for Montanans. See here.
Sep 06
Government continues waging war on pain doctors and their patients
For years, government drug investigators and prosecutors have sought to act as “supervising physicians” over the medical profession–indicting and imprisoning doctors (and often, their patients) whom the government deems to be dispensing or using too much pain medication. Pain is a symptom, not an illness, and no two doctors or health experts agree on pain …
Aug 27
Newborn Baby born in Government Health Care System Eaten to Death by Rats
Here is a blurb about the single-payer government healthcare system in India. According to Tom DiLorenzo: Healthcare Socialism in India is as awful, or worse, as socialized healthcare anywhere else. As just one recent example, a newborn baby in an incubator in a government hospital in India was eaten to death by rats. The government …
Aug 23
The Medical Industry is Now So Overregulated that Even Government Hospitals Can’t Fill Job Vacancies
American health care is so overregulated that the VA SCANDAL THAT BROKE LAST YEAR is still not resolved–and never will be. In order to “fix” the Veterans Administration health care problems that were much publicized last year, hundreds of new doctors, nurses and staff needed to be hired. But it turns out that hiring such …
Aug 09
Venezuelans resort to pet medications to survive
Socialism is a curse that one should wish only on a hated enemy. To adopt it is to set a course toward gradual poverty, sickness, weakness, pollution and disease. The only question is when. Venezuelans have voted for hard-line socialist politicians (such as the enigmatic Hugo Chavez) for decades. Venezuela has adopted “single-payer” (slave plantation) …
Aug 04
Obamacare Penalty for “Cadillac” Insurance Policies will Kick in by 2018; Taxes will Increase Substantially while Benefits will Decline
Socialism is a curse that should be wished only on a hated enemy. Any society that embraces it will inevitably become sick and weak. The “Affordable Care Act” a.k.a. “Obamacare,” was some 2,000 pages in length when passed. Additional tens of thousands of pages of regs will ultimately accompany it. Among the Act’s vast provisions …
Jul 05
Obamacare Causing 20- to 50-Percent Annual Insurance Rate Increases.
If Americans only had the courage to do nothing, and unleash the power of capitalism on health care, prices would come quickly down so that the poorest consumers could afford quality health care. Hobos, bums and vagabonds could afford quality health care if the government got out of it. Just look at the telecommunications industry …
Jun 27
Obamacare is already causing massive damage to American productivity.
As many economists predicted, the passage of Obamacare is significantly limiting American productivity and prosperity. “Because of Obamacare,” writes Larry Kudlow, “there’s an additional 0.9 percent Medicare tax on salaries and self-employment income, a 3.8 percent tax increase on capital gains and dividends, a cap on health care flexible spending accounts, a higher threshold for …
