Skip to comments.GAO: $14 billion in improper Medicaid payments. Obamacare Expansion Will Only Make Matters Worse.
Posted on 06/22/2014 10:17:30 AM PDT by SeekAndFind
The Government Accountability Office has released a shocking report on Medicaid waste. They found that $14 billion had been improperly paid to managed care organizations (MCO's) who work with state Medicaid agencies to service eligible clients.
The "size and diversity" of the MCOs have put both state and federal governments at odds on how to oversee the payments, the report said.
Specifically, the wrong payments made were for treatments or services not covered, not necessary, or billed for but never provided, GAO found.
States that expand Medicaid programs under Obamacare will receive a 100 percent reimbursement from the federal government for MCOs for the next two years, the report said.
Given that state and federal governments have recovered "only a small portion" of the wrongly paid money, unless they ramp up their oversight of MCOs, even more Medicare dollars will be "vulnerable to improper payments," GAO said.
States were also under-reporting to the federal Centers for Medicare and Medicaid how much money they recovered when they realized they'd made these undeserved payments, GAO revealed.
(Excerpt) Read more at americanthinker.com ...
The commie ‘RATS just “spreadin’ the wealth around”.
And the idiot that claims to be the governor of Virginia is still refusing to accept anything but complete surrender.