"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
GAO: Medicare Losing $48 Billion
The report, issued at the request of a House subcommittee investigating Medicare and Medicaid fraud, estimates that the federal government is losing $48 billion on the improper payments – a significant amount for a program that “is fiscally unsustainable in the long term” unless action is taken. Just dismantle it already.
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What I don't understand is that if they can know for sure (for that matter can they?) they are losing x amount of dollars to fraud, then why can't they just stop those payments. Is this just statistical analysis?