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Original air date: September 02, 2017BY: Dr. Elaina George, Host & Contributing Health Editor
PUBLISHED: September 02, 2017
Where is the Money being Funneled & Why is no one Paying Attention to It?
Congress’s failure to repeal ObamaCare may not be all political, it may be because of economic reasons. As Obamacare was implemented it caused medical companies, hospitals, and doctors to adjust and depend on the law to provide subsidies and payment structures that no longer may be possible to change.
It seems Medicaid works fine for a supplemental insurance but there are big problems with the program. With Medicaid, there is so much red tape there is no way to see how the money is spent. This law is funneling money somewhere and no one is looking to see what is happening.
The people calling for single-payer don’t understand what they are asking for as healthcare. Single-payer is supposed to make you comfortable and send you home. It doesn’t get you ready to recover or help you get healthier. Single-payer is a bloated government system where the government can siphon off the taxpayer’s money into other programs.
The hospitals and corporations are going so fast and so big no one is taking pause to see why. This law boils down to competition. If there were competing health services with transparent prices, hospitals would go out of business. All the red tape and regulations favor the hospitals to prosper at the expense of the taxpayer.