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POLICY: New York Medicaid fraud

While I’ve been ragging on Florida, the NY Times has noted something we’ve all known for a while — New York’s Medicaid fraud may reach into the billions. Given that New York’s Medicaid program spends more in total and way more per capita than California’s, the tricks going on within the system there have been going on a long time.

The Industry Veteran comments:

Of the $44.5 billion annually spent on the program, sources tell the Times that as much as 10% is diverted to fraud and abuse. I quote here what I consider to be the article’s key paragraph:

"The lax regulation of the program did not come about by chance. Doctors, hospitals, health care unions and drug companies have long resisted attempts to increase the policing of Medicaid. The pharmaceutical industry, which has spent millions of dollars annually on political contributions and lobbying in Albany, has defeated several attempts to limit the drugs covered by Medicaid; other states have saved hundreds of millions of dollars annually with such restrictions."

I can’t say that this is exactly surprising news and I eagerly look forward to indictments of numerous physicians, hospital administrators and pharmaceutical company vice-presidents. I have written before in THCB my opinion that a large percentage of physicians are amoral, sociopathic mafiosi who lack even the charm of a Tony Soprano. When these “made men” (and women) join forces with the truly narcissistic psychopaths who run our Big Pharma companies, corruption on a scale of the Tweed Ring remains inevitable. I can see why Frank Rich and others refer to the U.S. under George Bush as a new Gilded Age.

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WV health careMike Recent comment authors
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WV health care

George Bush? and New York Medicaid? Isn’t this a liberal Democratic welfare program? Isn’t NY run by Democrats and liberal Republicans? Isn’t George Bush cutting health care benefits? Wasn’t it Hillary Clinton who wanted universal health care? Remember the one elected in New York to the US Senate?

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Mike

I’m a young man living in Boston with a 4 year college degree. I make 9$ an hour. No, I don’t live very well. Blame it on liberal arts. Reading things like this makes me want to crawl into a hole and die. I work my ass off, and there is no way in hell I could ever afford health insurance. I can barely pay my rent. Meanwhile, we have shit like this going on. Who the hell are these poor people riding paratransit, getting free CD players, and making cold cash by fueling supplies to drug dealers? Who the… Read more »