ALL ACCESS MEMBERSHIP

JOIN NOW ACTIVATE SIGN IN
  • Overcast
  • 39°
    Overcast
  • Comment

Just the facts

Posted: January 6, 2012 - 12:06am

In a recent column, Mark Weisbrot chastised private insurers as “the biggest source of waste” in the U.S. healthcare system (“Pro: Health care law is a hopeful step forward,” Dec. 30). The facts suggest otherwise.

In 2010, fraudulent or otherwise improper Medicare payments totaled $48 billion, according to the Government Accountability Office. That’s quadruple the combined profits of the 10 largest health insurance companies — and represents nearly 10 percent of what Medicare spent that year.

At the same time, Medicare and Medicaid underpay legitimate healthcare providers by as much as 20 percent. To compensate, hospitals and doctors charge patients with private insurance more. In fact, the average family pays an extra $1,500 in premiums annually thanks to such federally induced cost shifting.

Janet Trautwein

Executive Vice President and CEO

National Association of Health Underwriters

Washington, D.C.

  • Comment

Spotted

Please Note: You may have disabled JavaScript and/or CSS. Although this news content will be accessible, certain functionality is unavailable.

Skip to News

« back

next »

  • title http://spotted.juneauempire.com/galleries/377993/ http://spotted.juneauempire.com/galleries/377988/ http://spotted.juneauempire.com/galleries/377983/
  • title http://spotted.juneauempire.com/galleries/377978/ http://spotted.juneauempire.com/galleries/377963/ http://spotted.juneauempire.com/galleries/377948/
  • title http://spotted.juneauempire.com/galleries/377943/ http://spotted.juneauempire.com/galleries/377938/
Northern lights

CONTACT US

  • Switchboard: 907-586-3740
  • Circulation and Delivery: 907-586-3740
  • Newsroom Fax: 907-586-3028
  • Business Fax: 907-586-9097
  • Accounts Receivable: 907-523-2230
  • View the Staff Directory
  • or Send feedback

ADVERTISING

SUBSCRIBER SERVICES

SOCIAL NETWORKING