Wednesday, March 2, 2011

Whoops

CMS estimates that $48 billion of estimated Medicare outlays of $509 billion in fiscal 2010 went to improper payments, including fraudulent ones. “However, this improper payment estimate did not include all of the program’s risk since it did not include improper payments in its Part D prescription drug benefit, for which the agency has not yet estimated a total amount,” said Kathleen King, director of GAO’s health care team
What to expect from Pelosi's dream entitlement. The CBO report on savings? Pure fiction no doubt.

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