March 11 (Bloomberg) — President Barack Obama made his case for an overhaul of the U.S. medical system to Missouri voters, emphasizing his efforts to curb waste and fraud in government health programs.
“The health-care system has billions of dollars that should go to patient care and they’re lost each and every year to fraud, to abuse, to massive subsidies that line the pockets of the insurance industry,” he said yesterday at a high school in the St. Louis suburb of St. Charles, Missouri.
Obama is trying to rally public support for the biggest changes to U.S. health care in 45 years in the face of unanimous Republican opposition. He said his proposals show there are ways to pay for expanding insurance coverage to tens of millions of Americans without running up the federal budget deficit.
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