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Government

Journal Dannon's Journal: Medicare ripped off

Picked up from News of the Weird Daily. You know that saying, "If you think health care is expensive now, wait until it's free"? So true. They found an article in the New York Times about medical suppliers charging ripoff prices to Medicare, and politically blocking attempts to get those prices lowered through competitive bidding.

You want examples? Try $20 for an $11 walking cane, $8,280 for an oxygen machine and 3-yr supply [versus less than $4,000 at pharmacies], and $450 for a $108 penis pump). And did you know that Medicare spent a total of $21 million on penis pumps last year? And to think, some people say government spending is out of control....

Our government at work, ladies and gents.

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Medicare ripped off

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