Medicare bilked for BILLIONS in bogus claims

  1. Medicare fraud is far more systemic and expensive than revealed in problems ferreted out thus far. A watchdog system of private contractors rife with conflicts of interest polices the $250 billion-a-year Medicare program, fraud experts say.

    San Francisco Chronicle, Jan. 12, 2003

    http://www.sfgate.com/cgi-bin/articl...12/MN63168.DTL
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  2. 1 Comments

  3. by   fergus51
    And we wonder why people think we can't afford to insure every American. I would think this proves that if the money was managed properly we certainly could.

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