Trump using AI to deny seniors health care

Investment Analysis Clubs Macro Economic Trends and Risks
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Private Equity contractors managing the program could boost their profits by denying more care to seniors. Isn’t that the way capitalism is supposed to work?

{{ “Do the contractors in the model—who are the private companies conducting the prior authorization assessments—make more money if they deny care? Just ‘yes’ or ‘no,’” Murray asked in her opening question.

“My understanding is no,” Klomp replied.

Klomp’s understanding is inaccurate, which is notable given that he has been working as the deputy administrator of CMS and has been directing Medicare since last year. CMS documents, included in the packet obtained by the EFF, clearly explain that the companies implementing WISeR are financially rewarded for denying requests for care. CMS’s planning documents describes it as a “novel payment approach where the model participants are compensated based on a share of averted expenditures.”

CMS documents written as a guide for WISeR participants explain further that for every denied request, CMS will determine what the regional benchmark cost for that care would have been and then pay the company 25 percent. }}

Looks like a gold mine to me for the enterprising Private Equity operator.

intercst

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And another way to destroy Medicare, part of their long term plan to get rid of anything that benefits the common man.

“I don’t want to abolish government. I simply want to reduce it to the size where I can drag it into the bathroom and drown it in the bathtub.”
~ Grover Norquist

These charlatans should be run out of the country for preaching, “pull yourself up by your bootstraps.”

It’s impossible to do, and a cruel and selfish thing to say.

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