Saturday, January 3, 2009

Medicare and Medicard spending will double from 2009 to 2019

USAToday,Jan.2-4, 2009 on page 6A Spending on Medicare and Medicaid will be around $1.4 trillion. But there is no clear evidence that spending more improves health. Why? Greed and Waste? The reader may be the Judge!

William Tarnasky, a retired MD has found that the cost and quality of care rests with the providers. Specifically, physicians drive up costs by ordering unnessary tests and medications. Medicare's failure shows that throwing more money at government programs leads only to expensive inefficiency. There will never be a solution unless physicians take the leadership by being better stewards of the medical dollars.

Francis Shieh a.k.a. Xie Shihao on Saturday,January 3, 2009 at 2.30 p.m.

No comments: