Mar 18, 2010 1:45pm
America’s Biggest Scam: Medicare Fraud
EmailA quick shoutout to Cynthia McFadden and producer Almin Karamehmedovic — who last night delivered a four-month investigation into has Medicare fraud has grown into a big, out-of-control business. The results paint a troubling picture, or as Cynthia said introducing the segment, they're sure to make you angry — at a taxpayer of more than $60 billion annually. Some estimates put it closer to $160 billion — at a time when health care is on everyone's mind. Click HERE for the ABCNews.com report, which has a pretty sophisticated discussion brewing about Medicare fraud. Or leave your comments here.
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Medicare fraud, and the government let it happen and now pretends it needs a 2700 page bill to combat it.
Gentlemen and ladies we have been set up!
If the government cannot properly manage medicare and the other entitlement failures, it will not be able to manage Obamacare any better.
The problem with the government is the 20/80 ( or maybe 10/90) rule that 20% of the people do 80% of the work.
Just consider Obamacare unleashing 159 new agencies, offices and programs and all those new opportunities for waste, fraud and abuse.
Government employees are paid an average of $70K per year as opposed to a street average of only $40K.
Also the liars on the “hill” have failed to include the so-called “doc fix” which reimburses doctors accepting medicare. Doc fix will cost us $250 billion. The CBO couldn’t use that number in the mix because IT WAS PURPOSELY left out to deceive the public.
Obama, even though a former constitutional law professor, chooses to turn a BLIND EYE on this fraud and the procedural chicanery as well. So Mr. Obama where is the TRANSPARENCY you spoke of?
Is it then TRANSPARENCY or DESPOTISM?
Posted by: Ed Taylor | March 19, 2010, 9:24 am 9:24 am
Strange the Repubicans think all the scamming of Medicare occurred during the last year.
Now how long have the “so conservative” leaders been in office?
I am 72 years old and I never remember a Republican congress passing anything to help the poor in our country.
God Bless President Obama!!
Posted by: Linda Keeling | March 21, 2010, 11:32 pm 11:32 pm