Wednesday, November 28, 2012

House to Probe Ways to Combat $65 Billion in Medicare, Medicaid Fraud

By Fred Lucas
November 27, 2012

( – U.S. taxpayers spend at least $65 billion on health care waste and fraud, according to the government’s own numbers and even more according to independent studies, even as the federal purview over health care expands under Obamacare.

On Wednesday, the House Energy and Commerce Committee will hold a hearing into Medicare and Medicaid fraud and ways to combat the problem.

In fiscal year 2010, the Centers for Medicare and Medicaid Services estimated it made more than $65 billion in “improper payments.” Improper payments are defined as Medicare and Medicaid payments that should not have been made or were made in an incorrect amount, according to a memo by the committee.


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