Friday, June 15, 2012

$102M Audit Finds $20M In Medicaid Fraud

"An audit program meant to combat Medicaid fraud has cost taxpayers about $102 million since 2008 while identifying less than $20 million in overpayments, according to a report released by the nonpartisan Government Accountability Office on Thursday."  You can read more in today's Los Angeles Times HERE.

"The National Medicaid Audit Program used incomplete federal data to conduct 1,550 audits, and apparently because of that, the majority of the audits failed to find any fraud, the GAO said at a Senate hearing. Yet fraud in Medicare and Medicaid, the federal government's health insurance programs for elderly, disabled and low-income Americans, continues to cost taxpayers an estimated $60 billion a year, the Justice Department says."

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