Saturday, October 08, 2022

Medicare, Medicare Advantage, Fraud and Late Stage Capitalism at work

 The more I look at todays medical system, the more disgusted I get.

I'll be 65 next year, and going on Medicare.

Want to see what massive corporate fraud looks like? Look no further than private 'Medicare Advantage' plans.

By next year, half of Medicare beneficiaries will have a private Medicare Advantage plan. Most large insurers in the program have been accused in court of fraud.

I used to be a dyed in the wool capitalist and believed a free and open market was the most efficient way to provide the best services and products at the best cost.

I was wrong.

Todays late stage and predatory capitalism isn't efficient, it's coordinated and driven by greed and profit. There's nothing balanced about America's market economy today. Nothing.

We need to look at real Universal Health Care in this country. We're one of the few 1st world countries that doesn't have it and it makes no sense. It's more efficient (yea, it really is, the 'market gurus' are lying to you and it's easy to prove) it's cheaper and doesn't make billionaire health care company owners and executives even richer.

You can bet the exact same thing is going on with your regular health care insurance as well. It's about corporations profit off their product.

Their product? 


And the sicker you are (or they can make you appear to be), the more profit they make off you. They don't sell health care. They sell 'what's the least amount of care' so they can keep more money.

An excellent read from an ex-evangelical.

  As you know, I once was an evangelical megachurch pastor and my pastoral career stretched over many years. Eventually, I could no longer t...