The American Pundit

Medicare Loses Four Times as Much as Insurance Companies Make

Ah, how government is a model of efficiency. In a newly released report, the Government Accountability Office (GAO) estimates that, in fiscal year 2010, $48 billion in taxpayer money was squandered on fraudulent or improper Medicare claims. Meanwhile, the nation’s ten largest health insurance companies made combined profits of $12.7 billion in 2010 (according to [...]

2012 Poll: ObamaCare Supporter Ben Nelson in Big Trouble

Senator Ben Nelson (D-NE), who provided the crucial vote to pass government-run health care through the Senate, finds himself in deep trouble for the 2012 election. The incumbent, who voted for ObamaCare after receiving pork-barrel bribes and despite the legislation funding abortion, trails both major challengers by a considerable margin. Every poll released so far [...]

ObamaCare Results in Fewer Choices: Part 8,273

The Colorado branch of major private insurer Aetna has announced that it will no longer sell new individual-market health insurance policies and will terminate existing policies before July 31, 2012. Why? ObamaCare, which has once again resulted in fewer choices. The change represents Aetna’s third major recent pull-back on health-insurance offerings in Colorado. The Hartford, [...]