Medicare fraud is estimated to be about $60 billion each year.
This is because of widespread criminal operations that go unchecked due to poor government oversight on varying levels. It consists of ploys such as using dead doctor reports, fake patients and non-existent treatments.
The FBI says Medicaid fraud is a $10 billion annual industry. Practices involve billing for nonexistent or unnecessary services, kickbacks and inflated costs.
With all this, how is the government going to undertake a massive health insurance plan that will entail one sixth of our entire economy?
Politicians tell you only how this fraud-infested system is going to save money.
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