2 ms·
I remember, but can't find, AG Holder saying that the number is between $120 and $150B. http://abcnews.go.com/Nightline/medicare-fraud-costs-taxpayers-60-billi
by anamax 16y ago
I remember, but can't find, AG Holder saying that the number is between $120 and $150B.
http://abcnews.go.com/Nightline/medicare-fraud-costs-taxpayers-60-billion-year/story?id=10126555 http://abcnews.go.com/Nightline/medicare-fraud-costs-taxpaye... says that the govt admits to $60B/year in medicare fraud.
http://issa.house.gov/index.php?option=com_content&task=view&id=271&Itemid=92 http://issa.house.gov/index.php?option=com_content&task=... says that the number is closer to $150B .
Meanwhile, the govt recovered $4B in 2010. http://www.publicbroadcasting.net/kwgs/news.newsmain/article/0/0/1764514/US/U.S..charges.111.in.largest.Medicare.fraud.crackdown http://www.publicbroadcasting.net/kwgs/news.newsmain/article... .
IIRC, the total profit by private healthcare companies was less than $10B in 2009 and the executive salaries total was under $1B. You've said that the 2010 numbers are somewhat better.