You Scam, They Scam
I’ve been holding on to this link because a couple of questions continue to nag at me:
Authorities said busts carried out this week in Miami, New York City, Detroit, Houston and Baton Rouge, La., were the largest Medicare fraud takedown in history — part of a massive overhaul in the way federal officials are preventing and prosecuting the crimes.
In all, 94 people — including several doctors and nurses — were charged Friday in scams totaling $251 million. Federal authorities, while touting the operation, cautioned the cases represent only a fraction of the estimated $60 billion to $90 billion in Medicare fraud absorbed by taxpayers each year.
First, did it really require “a massive overhaul” in order to define, discover, and prosecute outright fraud? And if new regulation of some sort was needed, couldn’t that have been passed quickly and easily through Congress when the problem was first discovered? Which leads to:
Second, couldn’t the savings and recovered money (if any) go toward making Medicare self-sustaining, rather than helping to balance out a costly new entitlement program?