Wednesday, December 2, 2009

Medicare, Medicaid spent $54 billion too much in 2009, White House says ... American Medical News

Seal of the United States Office of Management...Image via Wikipedia

By Chris Silva, amednews staff.

Improper payments for health care made up a large portion of the $98 billion the federal government spent inappropriately in fiscal 2009. This total was an increase of $26 billion over the previous year, according to a report issued by the White House Office of Management and Budget.

The Nov. 17 report concluded that Medicare fee for service improperly spent $24 billion in fiscal 2009, a rate equivalent to 7.8% of total outlays, and Medicaid improperly spent $18 billion, a rate of 9.6%. Medicare Advantage improperly spent $12 billion in 2009, a rate of 15.4% of total outlays on the private plans.

The Medicare fee-for-service error rate was just 3.6% in 2008.
Continue Reading
Reblog this post [with Zemanta]

No comments:

Post a Comment