If politics should “stop at the water’s edge,” shouldn’t fraud too? Apparently not.
As states continue to struggle with implementing the Medicaid expansion called for under the president’s 2010 health care reform bill – sometimes known as Obamacare – the federal government yesterday carried out “the largest health-care fraud takedown in the history of the District of Columbia.”
The American Recovery and Reinvestment Act – better known as the 2009 stimulus – is five years old today.
The America Recovery and Reinvestment Act, often called the 2009 stimulus, will be five years old this month.
On Jan. 27, the inspector general (IG) for the Department of Health and Human Services (HHS) released findings from an investigation that found Medicare had been improperly spending millions on prisoners’ prescriptions through the Medicare Part D program.
Late last year the U.S. Treasury Department Inspector General (IG) for Tax Administration released a preliminary report examining potential fraud in energy investment grants.
The 2014 Winter Olympics in Sochi, Russia, have their place in history already secured: They are the most expensive games in the history of mankind, costing more than the 21 previous Winter Olympics combined.
Last week in our inaugural “Friday Fraud” post we took a look at the top five things readers needed to know about federal government improper payments. In that post, we noted Medicare and Medicaid lose about $60 billion annually to improper payments.
Today we’re starting a new feature here at the Bankrupting America blog: “Friday Fraud” where we’ll highlight money local, state and federal government lose as a result of, well, fraud and other mismanagement.
In a press release yesterday, Bankrupting America noted the federal government in 2012 spent $101.3 billion on improper payments and that figure is $16 billion higher than the sequester-related spending cuts the federal government made last year.