Obama rejects IBM proposal to trim healthcare costs by $900 billion.

What if I told you that the CEO of IBM, Samuel J. Palmisano, approached President Obama and members of his administration with a plan that would reduce healthcare expenditures by $900 billion?  Further, IBM would install the plan for free to demonstrate that it worked. And, what if I told you that, in the end and after two meetings, President Obama and his team, turned IBM down.Well, it's all true.

Samuel J. Palmisano, the Chairman of the Board and CEO for IBM, offered to provide the Obama Administration with a program that would curb healthcare claims fraud and abuse by almost one trillion dollars, but the Obama White House turned the offer down. A call placed to IBM on October 8, 2010, by FOX News confirmed, via a spokesperson, that Mr. Palmisano stands by his statement. Speaking with FOX News' Stuart Varney, Mort Zuckerman, Editor-in-Chief of US News: It's a little bit puzzling because I think there is a huge amount of both fraud and inefficiency that American business is a lot more effective in trying to reduce. And this is certainly true because the IBM people have studied this very carefully.
 
In Mr. Obama's shunning of a private sector program that would have saved our country almost $1 trillion in healthcare expenditures, he proves beyond any doubt: He is anti-business in nature.
 
I did not uncover the IBM story, and the credit for this blog goes too: http://capitolhillcoffeehouse.com/index.php/article/574
http://reimagineamerica.org/tag/sam-palmisano/


I do hope that my blog gives the IBM story some traction and illustrates again that Obama, with no business experience, does not recognize the strength of America's business in solving our nation's problems. Huntsman has the business experience that America needs.