I do love that you are doing the math and comparing what happens if we lower Medicare age to 50.
Some questions/points:
-"no longer needing to pay premiums"? most people pay a premium for Medicare Part B and some for Part A. Part D has its own premium.
-The government subsidizes these medicare premiums (813 billion in 2023) and It's ⬆️ . See pic which is from CBO report here cbo.gov/publication/59…
-Most people don't have standard medicare, over 50% have bought into an advantage program to get more 'coverage' which is often now not covering and is being manipulated by big insurers to defraud the government of billions per year through a trick called 'up-coding'.
-The biggest up-coder has a CMS contract to help prevent fraud waste and abuse, yet both @SenWarren and @DrOz defined this up-coding as 'fraud' in Dr Oz's confirmation hearings
-In the 1960's, when Medicare was created, the estimates were that it would cost USA $11 billion by 1980. Instead it cost $111 billion
-Americans were promised that if they paid into this program, it would all be 'free' in our twilight years. Makes one think that we cannot trust the government with our tax dollars.
-In the 1960's the president of the AMA gave a speech of why he did not want Medicare to pass. It was eerily predictive, I'll link it in the thread below.
-side point is that the TOTAL subsidies the government pays into health 'insurance' Is an amount equal to 7-8% of our GDP. Wow. How can we afford that? 🧵1/6 (Hey, it's Sunday, grab some coffee and join me. If you know something to read about more important than figuring out how to spend less so our children have a shot at the American 🇺🇸 dream, let me know! )
Some questions/points:
-"no longer needing to pay premiums"? most people pay a premium for Medicare Part B and some for Part A. Part D has its own premium.
-The government subsidizes these medicare premiums (813 billion in 2023) and It's ⬆️ . See pic which is from CBO report here cbo.gov/publication/59…
-Most people don't have standard medicare, over 50% have bought into an advantage program to get more 'coverage' which is often now not covering and is being manipulated by big insurers to defraud the government of billions per year through a trick called 'up-coding'.
-The biggest up-coder has a CMS contract to help prevent fraud waste and abuse, yet both @SenWarren and @DrOz defined this up-coding as 'fraud' in Dr Oz's confirmation hearings
-In the 1960's, when Medicare was created, the estimates were that it would cost USA $11 billion by 1980. Instead it cost $111 billion
-Americans were promised that if they paid into this program, it would all be 'free' in our twilight years. Makes one think that we cannot trust the government with our tax dollars.
-In the 1960's the president of the AMA gave a speech of why he did not want Medicare to pass. It was eerily predictive, I'll link it in the thread below.
-side point is that the TOTAL subsidies the government pays into health 'insurance' Is an amount equal to 7-8% of our GDP. Wow. How can we afford that? 🧵1/6 (Hey, it's Sunday, grab some coffee and join me. If you know something to read about more important than figuring out how to spend less so our children have a shot at the American 🇺🇸 dream, let me know! )
In this @WSJ bit of ⭐️ reporting it was exposed that insures sent nurses to patient homes after bribing them with gift cards and made fraudulent (sometimes anatomically impossible) diagnoses in order to collect in excess of $50 billion. hey call this 'up-coding'. I call it fraud, but hey, if you give it a cutsie name, maybe America🇺🇸 won't notice. wsj.com/articles/medic… 2/6 🧵
"Patricia Greene had spent a month recovering from a devastating stroke when her Medicare Advantage insurer, a unit of UnitedHealth Group, decided to stop paying for her nursing home." This was not an isolated case, it's a pattern.
So after coverage was subsidized by our tax $$ to go to the insurers, the patient was forced to flee to standard Medicare when she needed coverage the most.
It seems that United HC thinks the old axiom 'you get what you pay' for doesn't apply to them
What kind of sickies are we allowing to sit on top of the food chain of American HC? 3/6🧵
wsj.com/articles/medic…
So after coverage was subsidized by our tax $$ to go to the insurers, the patient was forced to flee to standard Medicare when she needed coverage the most.
It seems that United HC thinks the old axiom 'you get what you pay' for doesn't apply to them
What kind of sickies are we allowing to sit on top of the food chain of American HC? 3/6🧵
wsj.com/articles/medic…
@WomenAreReals @IWF @joeroganhq @SharylPodcast @LPNational @GeBaiDC @Lily4Liberty @OIGatHHS @MattWalshBlog @mtaibbi Here's a gem:
Be sure to read the comments, they are delightful as well. 4/6 🧵
Be sure to read the comments, they are delightful as well. 4/6 🧵
https://x.com/mass_marion/status/1898050742822592825
United HC owns Optum and all its subsidiaries, including Optum serve who as pointed out above, contracts with @CMSGov to 'help them reduce waste fraud and abuse'. But United is being investigated for fraud. The tax 💵 transfer to United took off right after HITEC act when HC IT systems were mandated. Then there was a YUGE bump in United/Optum contract with CMS when Obamacare was getting launched. Optum serve Code Shop, QSSI-UNH Has a huge contract too, I believe it is separate from the $1.7 billion to Optum Serve.
BTW, United Optum also employ 10% of 🇺🇸 physicians, a PBM, a specialty pharmacy and Change HC, the clearing house for billing
govtribe.com/vendors/qualit… 5/7 🧵( I just extended the thread with a banger of piece!!!... is that the correct use of the word 'banger'?)
BTW, United Optum also employ 10% of 🇺🇸 physicians, a PBM, a specialty pharmacy and Change HC, the clearing house for billing
govtribe.com/vendors/qualit… 5/7 🧵( I just extended the thread with a banger of piece!!!... is that the correct use of the word 'banger'?)
In 2012, United HC(UHC) bought Quality Software Services (QSSI), a software services company.
At the time of its purchase, QSSI had a $144.6 million government contract to build a federal data services center for the new health insurance exchange (HealthCare.gov.. aka ACA exchange). Holy conflict-of-interest!!! UHC was acquiring a key contract for the ACA exchange.
After the disastrous launch of the ACA website in 2013, QSSI was given a key role in coordinating the repair efforts. Make a mess, then get to get paid to clean it up while laughing all the way to the bank much? Here is a fab article in @TheProspect by Sara Sirota detailing all of UHC acquisitions. I think the early 2020's with the Lewin Group and others are crucial to understand. prospect.org/2023/12/20/202…
6/7 🧵
At the time of its purchase, QSSI had a $144.6 million government contract to build a federal data services center for the new health insurance exchange (HealthCare.gov.. aka ACA exchange). Holy conflict-of-interest!!! UHC was acquiring a key contract for the ACA exchange.
After the disastrous launch of the ACA website in 2013, QSSI was given a key role in coordinating the repair efforts. Make a mess, then get to get paid to clean it up while laughing all the way to the bank much? Here is a fab article in @TheProspect by Sara Sirota detailing all of UHC acquisitions. I think the early 2020's with the Lewin Group and others are crucial to understand. prospect.org/2023/12/20/202…
6/7 🧵
Back when the AMA represented physicians and was watching out for everyday Americans and not it's own pocketbook, they rented Madison Square Garden in order that the then AMA president could give the rebuttal to then President Kennedy regarding the King Anderson bill (which became Medicare).
His words were prophetic, as he pointed out it wasn't really an insurance program, and wasn't going to be used by only those who had economic need, but the wealthy as well. Intro by Dr @AlietaEck youtube.com/watch?v=hqVkOl… 7/7 🧵
His words were prophetic, as he pointed out it wasn't really an insurance program, and wasn't going to be used by only those who had economic need, but the wealthy as well. Intro by Dr @AlietaEck youtube.com/watch?v=hqVkOl… 7/7 🧵
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