The Washington Times actually has it wrong – using $350 billion instead of $350 million. But isn’t that telling? At some point, you have to just say what’s the real difference ya know?
Anyway, federal agents in north Texas uncovered a Medicare and Medicaid fraud ring that brought in an estimated $350 million in just five years. That’s $5.8 million a month folks, not chicken feed and I guaranty you this is occurring all around the country. From the Wall Street Journal, who quotes the correct $350 million figure instead of billion.
Federal agents on Tuesday arrested a Dallas-area doctor accused of bilking Medicare of $350 million over a five-year period, in what the government called the largest Medicare fraud scheme by dollar value linked to a single physician.
According to documents filed by the Justice Department in Dallas federal court, 54-year-old Dr. Jacques Roy carried out the fraud with the help of his office manager and home health-care agencies.
Again, this is just fraud in north Texas and it involved only seven accomplices. Last year in eight cities about 90 defendants were charged with Medicare and Medicaid fraud totaling about $300 million.
The entire system is going to be infested with fraud, and it needs to be completely overhauled … but Congress and the Executive Branch will not do a damn thing.
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Dallas? Bush’s fault. Next!
LOL, didn’t get any farther for a laugh. Thanks
Steve,
You pessimist, you. Obamacare will stop all this fraud and abuse, and save us $5oo billion, to be used to fund Obamacare. That is what our President says.
Anyone believe it?
Nope
If they can’t even control fraud and waste on the relatively small scale of Medicare, how in heck do they think they will be able to control the administrative monster that is Øbamacare?
Short answer: they can’t and they won’t. Waste and fraud, emphasis on the latter, will increase exponentially.
It’s even worse, Dims. Under Obamacare, insurance companies are limited in the amount of premium income they can spend on administrative expenses…among the category of administrative expenses is fraud detection.
The “bad guys” are licking their chops.
This is the tip of the iceberg. Obamacare will destroy the American economy – as planned – and Karl Marx will live again.
This is just the tip of the Democrat vote buying! What better way to fund such a cynical scheme?
The government makes an effort, as much as is permitted, to catch the crooks. But, really, $350 MILLION? It takes that level of corruption AND FIVE YEARS to find and stop this fraud? I don’t think this Regime is serious about stopping Medicare fraud.
And, Øbama wants to institute ØbamaCare? Ha! Democrats are killing this country!
They both have it right, the Doctor received $350 million , it cost the tax payers $350 billion to the get the $350 million to him… you forget all the forms and overhead.
Smokescreen, Eye on Target…Elect ANY conservative Republican for Prez