December 27, 2013
The Washington Post had a good investigative piece on how for profit hospice-care providers are increasing their profits by admitting people for hospice care who are not actually dying. These people are far more profitable for the companies since they are likely to be receiving hospice care for a longer period of time and require less care than someone who is actually dying. Medicare and Medicaid pick up most of the cost of this care.
In the accounts of spending on the elderly that the Washington Post and others routinely cite to make arguments about generational inequity, the money ripped-off from the government by these hospice providers count as payments to the elderly.
Comments