January 3, 2013
(Video) Medicare Spending $900 on $250 Back Brace
Another example of wasteful spending by Medicare being illustrated. One item of discussion that seems to be missing in these debates is why the prices on the Medicare side are so high. My theory is that with Medicare reimbursement comes costly regulations. In order to incentivize businesses to participate in the Medicare program, prices have to be raised to justify those costs. It's no way to do business with taxpayer dollars.