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Friday, June 27, 2014

GAO: Medicaid Made $14.4 Billion in ‘Improper Payments’

(CNSNews.com) -- The Centers for Medicare and Medicaid Service (CMS) determined that the Medicaid program doled out $14.4 billion in improper payments in fiscal year 2013, according to a report from the Government Accountability Office (GAO).

Currently, the Medicaid program provides health care coverage to about 71.7 million individuals at an annual cost of about $431.1 billion. Because of the program’s large size, the GAO states it is vulnerable to improper payments.

A significant amount of growth of the Medicare program is due to the Patient Protection and Affordable Care Act (PPACA), popularly known as Obamacare.

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4 comments:

  1. And we want to turn our entire Healthcare industry over to these idiots.

    ReplyDelete
  2. 10:40 It's a done deal. No turning back from the roller coaster with only half the tracks built. Weeeeeeeeeee Oh Sh........ Thud.

    ReplyDelete
  3. This makes me so furious, I can barely form a coherent thought.
    Entitlement my azz. And they are planning on more than doubling premiums.

    Those premiums coupled with the cost of secondary insurance premiums will be more than a mortgage.

    Shall we even discuss the cost of drugs?

    The GAO publishes this every year and NOTHING ever gets done about it.

    F the government.

    ReplyDelete
  4. This week it is Medicaid. Last week it was the IRS sending out over payments to people. The government seems to be good a losing money and then raising taxes to cover their mistakes.

    ReplyDelete

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