It's horrible because it's a bunch of anecdotal stories that are used to derive a specific conclusion when the same anecdotal stories could also be used to derive a host of other contradictory conclusions.
For example, the claim is made that "Lots of money is wasted on paperwork" but one way to deal with that is to have a single government-run insurance system (The amount of paperwork I deal with in Canada is significantly less than what I dealt with in the States).
Or ways to deal with people getting too many procedures done on their insurance is to introduce modest co-pays, waiting lists, or independent decision makers. I'm not claiming any/all of these are good ideas just pointing out that they'd also address the problem mentioned.
Your posts:
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Government sucks at most things and this will be no different.
and
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I think people are in no position to be charitable right now, but without bad government monetary policy and without the gov sticking it's hands in our pockets every chance it gets, the people who cared about taking care of the needy would be in better shape to do so. The free-market is better at reducing costs and improving services than government will be.
don't seem to be based in actual facts. You have these personal beliefs but haven't given any evidence to back them up (the bolded being the most ridiculous claim).