Robert Katz likes Gary North on what Rhamocare will bring: 1. Cost overruns; 2. Fraud; 3. Additional coverage extended to groups; 4. Rising deficits in the program; 5. Lower payments to physicians; 6. Lower payments to hospitals; 7. Delays in payments; 8. Rising taxes on the rich; 9. Rationing by doctors, hospitals, government; 10. Delays in treatment; 11. More HMO care: assembly line medicine; 12. A search for scapegoats. Adds Robert: “Excellent, except the 12th is really the 1st.”
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