claim: "medicare has at least $80 billion worth of fraud a year. that's a full 20 percent of every dollar that's spent on medicare goes to fraud."
author: tom coburn
evidence_1: conservatively, fraud steals $80 billion a year across all lines of insurance. ( coalition against insurance fraud estimate). fraud comprises about 10 percent  of property-casualty insurance losses and loss adjustment expenses each year;  and. property-casualty fraud thus equals about $34 billion each year. (insurance  ...
evidence_2: nov 19, 2011 ... but cms has also been a thieves' piñata for more than a decade. what  happened at elbia's pharmacy suggests there may be ways to stanch the flow of  billions of taxpayer dollars lost each year to fraud: law enforcement now has the  ability to monitor, in real time, the sprawling computer networks that ...
evidence_3: sep 11, 2016 ... i have put the question to dozens of politicians over the years, and have rarely  received anything like an honest answer. that's because the honest answer is  unpopular: we have to cut social security and medicare spending modestly and  military spending significantly, and we'll probably have to raise ...
evidence_4: jul 29, 2014 ... snap has halved the number of children living in extreme poverty. ... eighty  billion dollars ain't nothing, that's for sure. but it's ... in contrast, about $22 dollars  in every $100 went to our major health insurance programs for the poor and  elderly (medicaid, chip, and medicare), and $19 went to defense and ...
evidence_5: it should come as no surprise, then, that we spend 17 percent of our g.d.p. and  more than $7,500 per american per year on health care. that's .... the  government accountability office has estimated that 10 cents of every dollar  spent on medicare is lost to fraud, which means that $42 billion is expected to  vanish this year.