The Great Grift - How Public Health and Allopathic Medicine Defrauded the Public via Hidden Federal Bailouts

False positive cases nearly cost us our society. Hospitals cashed in, to the tune of $250,000 dollars per COVID-19 hospitalization - far more than needed.

In March 2023, The New York Times published this image showing that $483 billion of government aid had been spent to bail out big medicine. Right off the bat, we see $64 billion was wasted on vaccines that do not prevent transmission and only look like they reduce COVID-19 severity if you ignore COVID-19 cases for 8 weeks after the first exposure.

Given the shell-and-pea game of reimbursements, cost-sharing, Medicaid and Medicare and COBRA payments to healthcare providers totaled $125 Billion - on top of the $156 paid directly to healthcare providers for a grand total of $281 Billion.

There are about 920 thousand (corrected from million) hospital beds in the United States, and not all beds were used for COVID-19. According to NPR, only 1/5 of hospital beds were dedicated to COVID-19 beds. That means at least $1.5M were given to hospitals per COVID-19 hospital bed.

But that’s a pittance. According to the AHA, in March 2021, $1.9 Trillion were actually allocated to Big Medicine under a "Relief Reconciliation" scheme - basically a bail-out of nearly every aspect of Big Medicine… to make up for insufficient compensation to healthcare providers.

The AHA complained there was no relief in the Relief Reconciliation to healthcare providers… yet via indirect compensation, all hospital costs were clearly programmed for overcompensation.

According to this published report reported costs per patients, however, were at most $50,000 (and that's for ventilated patients). At the low-end costs were $14K per patient.

CDC estimates there have been 7.5 million COVID-19 hospitalizations. Given the $1.9 Trillion dollar bail-out, each hospitalization cost the US $250,000, at least five times and more frequently ten times the amount of money required.

Admittedly these are general analyses that oversimplify. Still, I’ve said since 2015 medicine for profit is an unsustainable model. Let’s not call bail-outs of big medicine “Relief Reconciliation”. They are bailouts of an unsustainable business.

Big Medicine is unsustainable at any scale - meaning if we all get sick more often, the problem will get larger.

The only solution I can imagine is that if we all get and stay healthy, Big Medicine won’t need us and they can downsize. Other solutions?