Uncontrolled Medicare and Medicaid Fraud

                   

Medicare fraud is estimated to be over $60 billion each year. Widespread criminal operations go mostly unchecked because of poor government oversight. Criminality employs use of dead doctor reports, fake patients and non-existent treatments.

Practices also  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? (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)