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ratilfarfollowshare
9-30-2009 9:30 AM
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ratilfar says:
And this isn't the first time that Scott's warnings about the ills of socialist medicine have found an ironic echo in his own healthcare business. Scott argues that socialized medicine rations care and strangles competition, yet just after his first stint as anti-reform spokesman in the 1990s, while he was running the world's largest healthcare company, he was accused of monopolizing markets and choking out the competition while slashing the chain's costs to the point that it affected patient care. And while he asserts that two of the core principles of healthcare reform are "accountability" and "personal responsibility," Scott ran a company that ultimately pleaded guilty to defrauding the government in one of the nation's largest Medicare frauds ever. Two executives went to prison, the company paid almost $2 billion in fines, and Scott was pushed out of the company. Before he could retake the political stage, he had to build his healthcare business all over again.
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