Categories: Life

THE BIGGEST WASTES OF MONEY IN 2017

IMPROPER MEDICAID PAYMENTS

Money wasted: $36 billion

In January, the Government Accountability Office (GAO) released its annual estimate of the federal and state funds wasted on improper Medicaid payments, including fraudulent or incorrectly billed claims. About 10.5 percent, or $36 billion, of federal spending on the program for poor and disabled Americans was used improperly in 2016.

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