A new report shows that medicare and Medicaid made more…

“A new report shows that medicare and Medicaid made more than $50 Billion in bad payments during fiscal year 2011. Under Obamacare, that'll become known as 'Tuesday.'”

Fred Thompson

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

A critique of healthcare spending, implying that large-scale payment errors are systemic and will continue under new policies.

In simple terms: Health systems waste billions, and reforms may not fix it.

Key Takeaway

Watch for systemic waste.

Themes

economics policy healthcare accountability

Mood

skeptical concerned

Type

political analytical

When to use this quote

government budgeting
insurance claims
policy reform

Practical Applications

audit expenditures
improve oversight

Questions to Reflect On

Are reforms enough to curb waste?
What safeguards could prevent future errors?

★ ★ ★ ★ ★ No ratings yet

Health Medicaid Medicare and medicaid Obamacare Payment Politics Reports

More by Fred Thompson

We are always just one successful terrorist attack away from a nuclear disaster

Fred Thompson

You can't buy peace by just wishing it and avoiding the challenges that other nations present to you.

Fred Thompson

The University of North Carolina-Greensboro has ordered a Christian club to allow non-Christians as leaders. While we're at it, let's put high school dropouts…

Fred Thompson

You can't substitute promise after promise with known violators of prior promises at the expense of protecting ourselves or setting an example.

Fred Thompson

After two years in Washington, I often long for the realism and sincerity of Hollywood

Fred Thompson

Being a POW certainly doesn't qualify anyone to be president.

Fred Thompson

In the end, we may be hurting the very people we should be concerned about - the inner-city poor, those who already have to…

Fred Thompson

Jay Carney told the reporters at his morning briefing that he hoped they would watch the new movie about Obama's first term 'many times.'…

Fred Thompson

This business will get out of control. It will get out of control and we'll be lucky to live through it.

Fred Thompson

But if the Chinese mainland, the PRC, attacked Taiwan, we'd be obligated to come to their aid.

Fred Thompson

A new report shows that, in Virginia, gun violence has fallen as the sale of firearms has soared to a new record. In other…

Fred Thompson

China is one of the world's greatest proliferators of weapons of mass destruction to these rogue nations

Fred Thompson

So China will be having to make some choices as to whose side it wants to be on. Hopefully, this will be the beginning…

Fred Thompson

For example, lead paint in old houses can be a greater threat to children's health than lead that may be under some industrial site…

Fred Thompson

I’m not particularly interested in running for president,

Fred Thompson

Explore all 77 Fred Thompson quotes

More Billions quotes

If I had a dollar for every time I couldn’t sleep, I could buy a billion locks and finally read a book in peace.

Aesop Rock

As far as Japan is concerned, I want to help all of our allies, but we are losing billions and billions of dollars. We…

Donald Trump

The universe is simmering down, like a giant stew left to cook for four billion years. Sooner or later we won’t be able to…

Arthur Bloch

Right now, the government is spending billions of dollars supporting the problem-makers in the U.S. economy - the polluters, despoilers, incarcerators, and warmongers.

Van Jones

If Jesus is the Son of God in human flesh, He's one of a kind of the 13 billions of people who have ever lived.

Tim LaHaye

Here we were talking about economic development, about investing billions of dollars in various programs, and I could see it wasn't billions of dollars…

Muhammad Yunus

Everyone thinks they've won the Magical Belief Lottery. Everyone thinks they more or less have a handle on things, that they, as opposed to…

R. Scott Bakker

Most neuroses and some psychoses can be traced to the unnecessary and unhealthy habit of daily wallowing in the troubles and sins of five…

Robert A. Heinlein

The technology involved in making anything invisible is so infinitely complex that nine hundred and ninety-nine billion, nine hundred and ninety-nine million, nine hundred…

Douglas Adams

The idea of spontaneous generation of life in its present form is therefore highly improbable even to the scale of the billions of years…

Ilya Prigogine

To defy heredity is to defy billions of years, to defy the first cell

Emile M. Cioran

When I look at the human brain I'm still in awe of it. Every single time you lift off the bone and open the…

Benjamin Carson

Every one of us is, in the cosmic perspective, precious. If a human disagrees with you, let him live. In a hundred billion galaxies,…

Carl Sagan

We have the ability to take him [President of Venezuela, Hugo Chavez] out, and I think the time has come that we exercise that…

Pat Robertson

The buildings that were in question, they said in the same report, which was - actually, it wasn't even a bad story, to be…

Donald Trump

Browse all 1,864 Billions quotes

A new report shows that medicare and Medicaid made more…

About This Quote

Related quotes

More by Fred Thompson

More Billions quotes