President Obama's lies in Montana
President Obama's lies in Montana were the most egregious falsehoods since Bill Clinton said "I did not have sexual relations with that woman".
The current President was asked how the government is going to pay for the $1 trillion in new health care expenditures under HR 3200. Watch the video here.
Currently, 20 percent of Medicare beneficiaries have chosen Medicare Advantage over the standard Medicare public option program. The government pays for Medicare Advantage insurance coverage by paying private insurance companies for the services they provide to their beneficiaries. This is not a subsidy, it is a reimbursement. Lies, lies and more lies.
The private insurance companies approved for Medicare Advantage operate in a tightly regulated, closely audited environment. If there is waste in the system, one would assume that the Medicare administrators would have already wrung that out of the system. Is the President throwing Medicare administrators under the bus along with the Post Office, the CIA, local police forces and the entire US military?
Is the President proposing eliminating Medicare Advantage? Tell that to the 10 million senior citizens who have chosen this form of coverage over the government option. Is there $60 billion per year of waste in the Medicare Advantage program? Not possible. The pro-Obamacare AFL-CIO reports that total health insurance industry profits in 2006 were $15.39 billion. There is not $60 billion in cost savings to be had by eliminating reimbursements to the insurance companies. Lies, lies and more lies.
http://www.foxnews.com/video/?player...Object=8186868
Obama can't tell us how to pay for healthcare.
Obama said he wouldn't raise taxes.
He calls fees paid to insurance companies as subsidies. So he thinks he can hire people to process claims for free?
Ignorant people still believe his blue sky claims.