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Massive Medicare and Medicaid fraud found

Dr. Oz: ‘We’re Experiencing About $100 Billion of Theft a Year’ in Medicare and Medicaid Fraud
CMS Administrator Dr. Mehmet Oz made a stunning claim about how much money disappears from Medicare every year, and what he says fixing it could mean for the program's survival into the next generation.
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DogMan · 61-69, M
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Dr. Mehmet Oz has alleged multiple forms of Medicaid and Medicare fraud, including inflated or fabricated billing at senior day care centers, questionable home‑care and hospice claims, and large‑scale organized schemes he says contribute to roughly $100billion in annual losses.
DogMan · 61-69, M
A projection that the Medicare trust fund could become insolvent in seven years, with payments potentially cut by 11%, asked Oz what the administration’s plan was. Oz said the trust fund "will last twice as long" if Medicare fraud is eliminated and claimed CMS cut $42 billion in Medicare fraud during the previous year.

I would like to ask WHY hasn't anyone went after fraud before now?

It seems that the easy thing is to just keep raising taxes and allow fraud to continue.
daydeeo · 70-79, M
@DogMan No more!
DogMan · 61-69, M
Will Democrats do like they did in California and enact new laws to protect this fraud?

They will probably say Dr. Oz should not have been able to see the records.
DogMan · 61-69, M
Republicans are building a legislative case that waste, fraud, and abuse in Medicare and Medicaid demand structural program changes.

Republicans argue fraud is systemic. Rep. Diana Harshbarger contends eliminating waste is necessary to "save Medicaid from collapse." Chairman Gary Palmer spent 26 hours in a markup session on healthcare fraud legislation. Federal watchdog investigations found that 90% of undercover ACA marketplace applicants with fraudulent documentation were approved.

Democrats counter that fraud claims are being weaponized to justify unpopular benefit cuts. The hearing will shape potential legislation affecting millions of beneficiaries and billions in federal spending.
Rep. Diana DeGette cites data showing Medicaid beneficiary fraud is less than 0.1%. She warns that Republican claims of saving $880 billion through fraud elimination would require massive benefit reductions.
Strictmichael75 · 61-69, M
Where are the linkks to this?
DogMan · 61-69, M
@Strictmichael75 Just google Dr. Ox fraud and you will find a shitload of info.

The MSM is keeping it on the down low. They do NOT want the masses to know.

You will never see it on the nightly news.

 
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