Friday, January 21, 2011

Time to Play Dr. No | Michael F. Cannon | Cato Institute: Commentary

Time to Play Dr. No | Michael F. Cannon | Cato Institute: Commentary: "A former New York City fraud investigator has estimated that fraud and abuse account for as much as 40% of Medicaid spending in New York — an amount that dwarfs all future budget gaps combined.

ObamaCare makes this unmanageable program even worse. The health-care bill's Medicaid mandate forces states to expand eligibility, to enroll more people who were already eligible, and gives states less flexibility to eliminate abuse."

"Medicaid's 'matching grants' mean that when states eliminate waste, fraud and abuse, they only get to keep (at most) half the savings. So they don't try even half as hard as they should."

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