Latest / Financial Survival Network / Trillion-Dollar Fraud in Medicare! - Sally Pipes #6244

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Trillion-Dollar Fraud in Medicare! - Sally Pipes #6244 · Financial Survival Network

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  Speaker 1: And looking at Medicare and Medicaid, there's a lot of fraud,
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  Speaker 1: there's a lot of mouth seasons. You know, each one
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  Speaker 1: is growing close to one trillion dollars in cost. And
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  Speaker 1: about eighty million people are on Medicaid. And now Doze
• 0:12
  Speaker 1: is finding out that some of the people that are
• 0:14
  Speaker 1: on Medicaid and achieve receiving social security of being dead
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  Speaker 1: for years. So I think this is really a very
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  Speaker 1: positive development Doze. And you know, let's get healthcare back,
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  Speaker 1: so that putting the doctor and patient in charge of
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  Speaker 1: their healthcare and cutting the enormous size of government in
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  Speaker 1: this in this sector.
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  Speaker 2: You're listening to Carrie Let's says Financial Survival Network, where
• 0:36
  Speaker 2: you get valuable information you just can't find anywhere else
• 0:40
  Speaker 2: to thrive in today's trying times. You need the Financial
• 0:43
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  Speaker 2: dot com and get your free newsletter and gift. Financial
• 0:52
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• 0:59
  Speaker 3: Welcome you are listening to and watching the Financial Survival Network.
• 1:04
  Speaker 3: I'm your host, Carrie Lutz. Well, we got rare treat
• 1:08
  Speaker 3: for us today. The author of the World's Best The
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  Speaker 3: World's Medicine Chest Sally Pipes. Sally, it's great to have
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  Speaker 3: you on the show again. It's been a whiley First,
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  Speaker 3: we're hearing a lot about cutting down government waste and abuse,
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  Speaker 3: and you got to think that when it comes to healthcare,
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  Speaker 3: that's the mother load, as it's over a trillion dollars
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  Speaker 3: a year before between Medicare and Medicaid. What do you
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  Speaker 3: think mister Musk's DOGE people are going to come up
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  Speaker 3: with when they start looking through which they are now
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  Speaker 3: Health and Human Services, all the payments made, all the
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  Speaker 3: claims made. What do you think we're going to find here?
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  Speaker 1: Well, I think it's most interesting. You know, when mister
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  Speaker 1: Trump was reelected as president back in November, I had
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  Speaker 1: no idea that he would be taking such a broad
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  Speaker 1: brush and hit against the size of government, and so
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  Speaker 1: appointing Elon Musk to be head of DOSE. Elon has
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  Speaker 1: hired a lot of young, young bucks who are obviously
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  Speaker 1: very free market and are interested in helping to cut
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  Speaker 1: the size of government. So I think in the healthcare
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  Speaker 1: sector we're already seeing, you know, with NIH cutting you
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  Speaker 1: know these grants to medical research from about fifty percent
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  Speaker 1: of the grant down to fifteen percent, and everybody is saying, oh, well,
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  Speaker 1: that means there won't be any money for research. What
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  Speaker 1: they're talking about is cutting down the administrative load that
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  Speaker 1: the that the universities take rather than going to the scholars.
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  Speaker 1: And so I think this is a very important issue.
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  Speaker 1: I think we're looking at Medicare and Medicaid. There's a
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  Speaker 1: lot of fraud, there's a lot of mouth seasons. You know,
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  Speaker 1: each one is growing close to one trillion dollars in cost,
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  Speaker 1: and about eighty million people are on Medicaid. And now
• 2:58
  Speaker 1: DOGE is finding out that some of the people that
• 3:00
  Speaker 1: are on Medicaid and a chiep receiving Social security of
• 3:03
  Speaker 1: being dead for years. So I think this is really
• 3:06
  Speaker 1: a very positive development Doge. And you know, let's get
• 3:10
  Speaker 1: healthcare back, so that putting the doctor and patient in
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  Speaker 1: charge of their health care and cutting the enormous size
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  Speaker 1: of government in this in this sector.
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  Speaker 3: Hey, so what about the concept that there's a lot
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  Speaker 3: of illegal immigrants collecting on Medicare and Medicaid as well?
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  Speaker 3: You think that's that's happening?
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  Speaker 1: Well, I definitely think so. And of course, in California,
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  Speaker 1: illegal immigrants are entitled to a sign up for medical
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  Speaker 1: the California's version of Medicaid and so, and then the
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  Speaker 1: Dreamers as well under the DACAP program. So I think
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  Speaker 1: there is a lot a lot in that. And we
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  Speaker 1: you know, when when Barack Obama signed Obamacare into law
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  Speaker 1: in March twenty ten, there was not there was there
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  Speaker 1: was it was there was not going to be any
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  Speaker 1: exchange coverage for illegal immigrants and so, but now when
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  Speaker 1: Joe Biden was still president, you know, he was encouraging
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  Speaker 1: illegals to be able to get healthcare on the exchanges.
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  Speaker 1: And so I think, you know, we need to not
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  Speaker 1: allow illegal immigrants to get exchange coverage or private coverage.
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  Speaker 1: I mean, Milton Friedman, my mentor, used to say, you know,
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  Speaker 1: if we could stop providing free education, social security, and
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  Speaker 1: healthcare to illegal immigrants, not so many would come. I
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  Speaker 1: mean the ones that do come want to come for
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  Speaker 1: a better life. But we have this whole illegal problem
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  Speaker 1: that needs to be dealt with.
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  Speaker 3: So yeah, that's an interesting concept. Trump just signed an
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  Speaker 3: executive order banning all benefits going to illegal immigrants, whether
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  Speaker 3: it's healthcare, welfare, Medicare, Medicaid, any benefit that the government bestows.
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  Speaker 3: I guess that would include Section eight housing, all of
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  Speaker 3: that that stuff. So, you know, a little off topic here,
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  Speaker 3: but what do you think of that? How much do
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  Speaker 3: you think that will cut back? Have the benefits the hotels,
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  Speaker 3: the food stamps, all of the things we've been giving,
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  Speaker 3: giving them cars, businesses, houses, you name it. Once that's gone,
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  Speaker 3: what do you think that will do well? We see
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  Speaker 3: a lot of self deportion, deportations.
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  Speaker 1: Oh, I don't know about self deportations, because it's pretty
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  Speaker 1: nice here compared to living say in Guatemala in probably
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  Speaker 1: in squalor conditions or the Dominican Republic, and so, but
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  Speaker 1: I do think it's going to cut the size of
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  Speaker 1: government and also reduce the number of people. I know
• 5:40
  Speaker 1: in San Diego, one facility has already shut down because
• 5:43
  Speaker 1: since Trump has, you know, being after the inauguration, they
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  Speaker 1: have no people coming to their to their their place.
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  Speaker 1: So I think we're going to see a lot of
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  Speaker 1: people not coming. And if we can get rid first
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  Speaker 1: of the people who are you know, robbing homes, robbing
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  Speaker 1: homes of wealthy sports people, and just cutting this all back,
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  Speaker 1: it's going to be a great start to cutting the
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  Speaker 1: size of government and maybe even cutting taxes for people
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  Speaker 1: like us, because you know, government doesn't pay out all
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  Speaker 1: these payouts. We pay in taxes to support all.
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  Speaker 3: Of this stuff, just the idea that they won't have
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  Speaker 3: to print up as much money to hopefully lower the
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  Speaker 3: inflation rate, right.
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  Speaker 1: Right, exactly, So you know that we definitely want to
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  Speaker 1: lower inflation and we want you know, as Steve Moore
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  Speaker 1: and Steve Forbes keep saying, you know, we've got to
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  Speaker 1: extend the tax the tax tax program so that taxes
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  Speaker 1: will be will be down. But if they if the
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  Speaker 1: tariffs come through, I mean put Trump put the tariffs
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  Speaker 1: on delay for a month for Mexico and Canada. But
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  Speaker 1: if those tariffs come through before the re re upping
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  Speaker 1: the tax cut, it could be a problem.
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  Speaker 3: Mhmm. Interesting. Interesting. Hey, so we get into another topic
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  Speaker 3: of Elon Musk, and that is of course au AI,
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  Speaker 3: and it seems like it could really have an impact
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  Speaker 3: in healthcare more than almost any other sector of the economy. Right.
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  Speaker 1: Well, I don't know about you, Kerrie, but at my vintage,
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  Speaker 1: you know, AI is beyond when every time I look
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  Speaker 1: at it, I think, oh, how does this work? It's
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  Speaker 1: to beyond my pay grade. But I do think AI.
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  Speaker 1: I mean, just if you know, when you're typing something
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  Speaker 1: on your on your iPhone, and it anticipates what you're
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  Speaker 1: going to say, and sometimes it's not the right thing.
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  Speaker 1: So it is a really powerful tool. And I think
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  Speaker 1: particularly in healthcare, we're going to see a lot going
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  Speaker 1: on there. We'll probably see a reduction in you know,
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  Speaker 1: doctor's offices and hospitals having to have so many people
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  Speaker 1: in the paperwork division. We're going to see doctors will
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  Speaker 1: probably be using AI for diagnoses, which you know, could
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  Speaker 1: be good. We still want to have a doctor, you know,
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  Speaker 1: determine whether that diagnosis that AI does is the correct
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  Speaker 1: one for the patient. But I think it's going to
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  Speaker 1: actually help reduce the cost of healthcare significantly if things
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  Speaker 1: go ahead under under President Trump and under what Elon
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  Speaker 1: Musk and his team are trying to do, because certainly
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  Speaker 1: Elon Musk is sort of the I mean, he is
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  Speaker 1: the computer wizard in this in this whole thing.
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  Speaker 3: Yeah, well, so many things like they can't figure out
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  Speaker 3: how to upgrade the air traffic control system, calling Elon.
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  Speaker 1: Musk, right, yes, exactly.
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  Speaker 3: They don't know what they're doing with rockets going here
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  Speaker 3: and there, calling Elon Musk, you know, like whenever there's a.
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  Speaker 3: He had a T shirt on the other day that
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  Speaker 3: said tech support.
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  Speaker 1: Yeah, and and he is fully techicully educated for tech support.
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  Speaker 1: I mean, he's obviously incredibly bright. And so people like
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  Speaker 1: Elon Musk, Peter TiO, Mark Zuckerberg were releasing you know,
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  Speaker 1: Peter Teel has always been free market, but you know,
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  Speaker 1: it was unclear with Zuckerberg and mister Musk, but they're
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  Speaker 1: certainly getting behind the ideas that mister Trump is putting
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  Speaker 1: forward in cutting the cost of government. In many of
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  Speaker 1: these firms, which are themselves pretty had a lot of
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  Speaker 1: employees and maybe many that aren't needed or you know,
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  Speaker 1: and I think the important thing is getting people in
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  Speaker 1: the government back to work. You know, only six percent
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  Speaker 1: of employees in the federal government went back to work
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  Speaker 1: after COVID. Why should we be paying you know, all
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  Speaker 1: these people huge salaries and we.
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  Speaker 3: The tax payer absolutely insane. But it's the government, sally,
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  Speaker 3: How can anybody possibly object to cutting waste, theft, corruption, inefficiency,
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  Speaker 3: all of these things? Why would you be opposed to it?
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  Speaker 3: Like the average American unless they're personally benefiting from it,
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  Speaker 3: would have to be in favor of this.
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  Speaker 1: Right absolutely. I mean, if you if you're an entrepreneur,
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  Speaker 1: if you're running your own own company, you mean you
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  Speaker 1: want to keep your organization tight so that you can
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  Speaker 1: make a return on your investment. And most people do not.
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  Speaker 1: You know, most people are honest people. They're not engaged
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  Speaker 1: in fraud and inefficiency. We need to be an efficient
• 10:17
  Speaker 1: nation and we need to have an educated nation if
• 10:20
  Speaker 1: we're going to be able to Mister Trump talks about
• 10:23
  Speaker 1: returning manufacturing to the US, Well, we have a slight problem.
• 10:27
  Speaker 1: A we have many rules and regulations and mandates that
• 10:30
  Speaker 1: make it difficult to just start building a manufacturing facility. Today.
• 10:34
  Speaker 1: We have a workforce that comes out of the K
• 10:37
  Speaker 1: twelve education system that is not educated. And then we
• 10:41
  Speaker 1: have high union wage rays that you know, you can't
• 10:44
  Speaker 1: hire people at you know, where productivity is. Your wage
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  Speaker 1: is tied to your productivity. So we really need to
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  Speaker 1: make some major changes. And people in the federal government
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  Speaker 1: need to get back to work or that's as mister
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  Speaker 1: Trump says, they will be put on leave if they
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  Speaker 1: don't turn up.
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  Speaker 3: So so how many how many of these people can
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  Speaker 3: be eliminated? You know, we got like a couple million
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  Speaker 3: the government workers here. Ninety percent aren't even in the office.
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  Speaker 3: You know, I always said, I had this theory, like,
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  Speaker 3: let's you know, let's have a snow day where they
• 11:20
  Speaker 3: say only essential workers come to DC. You know, you've
• 11:24
  Speaker 3: heard it so many times, and then anyone who doesn't
• 11:27
  Speaker 3: show up at the office that day you just fire
• 11:30
  Speaker 3: because they're not essential.
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  Speaker 1: Exactly. Well, a friend, a long time friend of mine
• 11:35
  Speaker 1: who was the former head of the Federal Trade Commission
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  Speaker 1: under Ronald Reagan, Dan who used to say, I did
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  Speaker 1: everything Ronald Reagan asked me to do, unless so you know,
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  Speaker 1: I mean people. I mean, I remember being in Washington
• 11:45
  Speaker 1: a few years ago, it was before COVID, going to
• 11:48
  Speaker 1: see Tom Price, who at the time was the new
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  Speaker 1: Secretary of HHS, And it was a snow day in Washington,
• 11:55
  Speaker 1: but the snow never appeared, but the taxi rates were paid.
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  Speaker 1: You had to pay the taxi rate based on a
• 12:00
  Speaker 1: snow day and there was nobody at work, but there
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  Speaker 1: was no snow. I mean, you know, this is just ridiculous.
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  Speaker 3: Yeah, it's Washington. The works like no other place in
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  Speaker 3: the world. Right.
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  Speaker 1: I don't know if you saw, but there've been they'd
• 12:14
  Speaker 1: be in the media. The mainstream media has been interviewing
• 12:16
  Speaker 1: people who've lost their jobs, and they're saying, well, you know,
• 12:19
  Speaker 1: I have an apartment, I have a home. How am
• 12:22
  Speaker 1: I going to pay my rent? And how am I
• 12:23
  Speaker 1: going to pay my mortgage? I've lost my job. Well
• 12:25
  Speaker 1: you should have thought about that, doing a job that
• 12:28
  Speaker 1: probably you weren't working at very hard and you weren't
• 12:30
  Speaker 1: making a return on investment. Welcome to the real world, right, Yes, exactly.
• 12:35
  Speaker 3: That's what everybody else has to deal with. So you
• 12:39
  Speaker 3: think that ultimately Trump's doge plan here, musk, you think
• 12:44
  Speaker 3: it's going to be successful.
• 12:46
  Speaker 1: I think it is. I mean the question is you
• 12:48
  Speaker 1: know who. You know, there's a lot of people out there,
• 12:51
  Speaker 1: Union members, a lot of people progressives, Democrats that want
• 12:55
  Speaker 1: to you know, stop and halt this program. But you know,
• 12:58
  Speaker 1: mister Trump is not one who gives in easily. I
• 13:01
  Speaker 1: don't know whether some of these issues will go to
• 13:03
  Speaker 1: the Supreme US Supreme Court, but I'm optimistic that he
• 13:07
  Speaker 1: is going to be able to get things done and
• 13:09
  Speaker 1: we will have a smaller, more efficient government and it'll
• 13:12
  Speaker 1: benefit all of us and allow people, young people to
• 13:15
  Speaker 1: be entrepreneurial again rather than sitting at home, you know,
• 13:19
  Speaker 1: playing going to the gym, having their Starbucks coffee and
• 13:23
  Speaker 1: not really working.
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  Speaker 3: Yeah. Well, hey from here mouth, we can only hope
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  Speaker 3: that it's so, because it's been a long time in coming,
• 13:31
  Speaker 3: should have been done a long time ago. There is
• 13:34
  Speaker 3: really nobody else in the position of Trump to be
• 13:37
  Speaker 3: able to do it, because you really had to be
• 13:39
  Speaker 3: a Washington insider to really be able to pull this off.
• 13:43
  Speaker 3: And you needed a team that came from without outside
• 13:48
  Speaker 3: the Washington insiders. And then he just needed the force
• 13:52
  Speaker 3: of will to pull it off. And it looks like
• 13:55
  Speaker 3: Trump's going to do it, doesn't.
• 13:56
  Speaker 4: It It does, yes, and here's to it happening. I'm optimist,
• 14:00
  Speaker 4: all right, Sally, It's always a pleasure. Thanks so much
• 14:03
  Speaker 4: for coming on. Just tell us where we find your work,
• 14:06
  Speaker 4: Where we get your book, The.
• 14:08
  Speaker 1: World's Medicine Chest, How America Became the Pharmaceutical I've got
• 14:14
  Speaker 1: Pharmaceutical Supremacy and How to Keep It available on Amazon
• 14:17
  Speaker 1: dot com and our website www dot Pacificresearch dot org.
• 14:22
  Speaker 1: You can find all of my work there, all right, Carrie, thank.
• 14:26
  Speaker 3: You so much. You've got a question for Sally myself.
• 14:29
  Speaker 3: Klatcarrielts dot com a link to her site and to
• 14:34
  Speaker 3: the book will be found on Financial Survival Network dot com.
• 14:38
  Speaker 3: When you're there, just ask that you please sign up
• 14:40
  Speaker 3: for your free newsletter. Like over seventy thousand other FSN
• 14:44
  Speaker 3: members have, Sally always a pleasure, Be well, Talk to
• 14:47
  Speaker 3: you soon.
• 14:48
  Speaker 1: Thank you Carrie YouTube.
• 14:49
  Speaker 2: Thanks for listening to Carrie Let's this. Financial Survival Network
• 14:53
  Speaker 2: your solution to today's trying times. For the latest, go
• 14:57
  Speaker 2: to Financial Survival Network dot Financial Survival Network now more
• 15:03
  Speaker 2: than ever,