Finance
e-Newsletter
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Obama gets tough on healthcare fraud

New York Times, March 11, 2010

President Obama has ordered a crackdown on Medicare and Medicaid waste and fraud, saying he was unleashing auditors around the country as part of a special program to ferret out government overpayments to hospitals and doctors, as well as to other contractors. "The healthcare system has billions of dollars that should go to patient care, and they're lost each and every year to fraud and abuse and massive subsidies that line the pockets of insurance company executives," Obama said during a speech.