The CEO of IBM offered the Obama administration a free software program that would have cut Medicare and Medicaid fraud by almost a trillion dollars, but he was turned down – twice.
“We could have improved the quality and reduced the cost of the healthcare system by $900 billion…I said we would do it for free to prove that it works. They turned us down,” IBM chairman and CEO Samuel Palmisano said during a Sept. 14, 2010 taping of the Wall Street Journal’s Viewpoints program.
FOX News confirmed that a second meeting between Palmisano and Obama administration officials yielded the same result: “No thanks!” – even though the proffered “fix” would have eliminated 90 percent of the nation’s health care deficit – and cost taxpayers nothing (if) it didn’t perform as guaranteed.
So The Regime is flushing ~$30Bn/year down the toilet, instead.