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Exposing the Hidden Cost of Current Healthcare Scheme

September 2nd, 2009

from: William Hughes

On Aug. 30, 2009, Delegate Karen Montgomery (D-Montgomery County, MD), a vigorous advocate of a Single Payer Healthcare system, spoke at a picnic event, in Wheaton, MD. It was sponsored by the Progressive Democrats of Montgomery County. Mike Hersh, its chair, served as the moderator of the affair. Del. Montgomery said that a new law, HB 487, aka “The Stealth Bill,” was recently enacted in Maryland. It will reveal to the citizens some shocking details about the “hidden” costs of the current, badly-flawed healthcare scheme. For example, she charged that it will help to expose the excessive compensations packages, some as high as “$9 and 10 million a year,” paid to the CEOs of some of the not-for-profit healthcare providers; along with how some of these institutions purchase expensive “yachts;” belong to luxurious “country clubs memberships;” and also retain fat cat “lobbyists” to work “to kill” real healthcare reform in this state and also in the country. Del. Montgomery underscored how these excessive, mostly hidden costs, not truly related to the dispensing of healthcare services, have been routinely passed on by the healthcare providers and/or the insurance companies on to the consumers to pay. For background, See: http://video.google.com/videoplay?docid=7389278051530854476

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