4 ms·
exactly the opposite actually, lets look at medicare, Medicare Part A. and Part B. are administered by the government and of their funding about 98.6% is spent
by smegger001 2y ago
exactly the opposite actually, lets look at medicare, Medicare Part A. and Part B. are administered by the government and of their funding about 98.6% is spent on care with the 1.4% going to administration. Medicare part D is privately administered and replaces part A and B, but 15% is spent on administration and often covers less.
More Perfect Union has good video covering it on youtube
https://youtu.be/cQR67WRcVUg?si=LfRk2gQ57XPiwtS9 https://youtu.be/cQR67WRcVUg?si=LfRk2gQ57XPiwtS9
- dcow 2y agoAnd yet an off the shelf drug purchased by medicaid is often hundreds of times more expensive than when retail buys it. Something is happening and people taking their cut aren’t dumb enough to have it appear as top end administrative cost.
- smegger001 2y agothat would be medicaid not medicare which are two different programs and is because they aren't allowed bargain on medication pricing expect on a few select medications
- rbanffy 2y ago> because they aren't allowed bargain on medication pricing expect on a few select medications This is absolutely outrageous.
- smegger001 2y agoyes, it is. call your representative and senator and complain.
- braebo 2y agoThey can’t do anything about it now that the Republican Party has sold the country out to deranged white nationalist fascists and an unelected billionaire.
- dcow 2y agoSure we all know _why_. The question is whether, by the time the money gets to where it needs to go, it was an efficient use of $$. If the government (of all things holy in our society) can’t stop itself from getting royally ripped off when purchasing medication, then what warm blooded taxpayer wouldn’t want the problem fixed. Once you fix the problem the spend goes down literal orders of magnitude. Same with corruption. If the way you fund X is by dumping money into an NGO owned by the government official who authorized program X, and 90% ends up in their kids bank account, that’s got to stop. Anyway, the topic of this tread, DOGE, is reading the books and asking questions and then recommending areas where fraud/waste/abuse can be cut. They are not directly cutting entire gov’t programs for fun and profit. This whole sub-tread feels like it’s on a different set of tracks headed a loosely similar direction. DOGE isn't cutting medicare.
- LeafItAlone 2y agoSeems odd to participate in a comment chain, taking it further away from the post topic, and then when you realize you are wrong you say that it is not relevant. >DOGE isn't cutting medicare. Let’s follow up in two months to see where this statement stands. https://www.reuters.com/world/us/doge-aides-search-medicare-agency-payment-systems-fraud-wsj-reports-2025-02-05/ https://www.reuters.com/world/us/doge-aides-search-medicare-...
- dcow 2y agoWhat was I wrong about?
- bcrl 2y agoFirst they came for the socialists, and I did not speak out - because I was not a socialist. Then they came for the trade unionists, and I did not speak out - because I was not a trade unionist. Then they came for the Jews, and I did not speak out - because I was not a Jew. Then they came for me - and there was no one left to speak for me. - Martin Niemöller
- notahacker 2y ago
- dralley 2y ago>And yet an off the shelf drug purchased by medicaid is often hundreds of times more expensive than when retail buys it. Something is happening and people taking their cut aren’t dumb enough to have it appear as top end administrative cost. What "is happening" is that Republicans in the mid-2000s ensured that Medicare and Medicaid would be unable to negotiate drug prices by baking that into the law. Insurance companies can negotiate drug prices.