Improper Medicare Payments Waste Almost $50 Billion a Year—9/27/11
Improper payments cost Medicare $48 billion last year. Some even suggest that the total amount resulting in Medicare fraud is up to $100 million a year. Medicare officials say they have taken significant action, with federal spending on the fight against Medicare fraud, waste, and abuse.
Read more at: http://www.thefiscaltimes.com/Articles/2011/09/27/How-Medicare-Wastes-Almost-50-Billion-a-Year.aspx#page1