Medicaid Fraud: Following the Money | TWE 183
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Nearly $2 billion in Medicaid fraud-related and other recoveries should get our attention. So should CMS's estimate of $37.4 billion in improper Medicaid payments, although improper payments are not necessarily fraud.
But the bigger economic question is about incentives.
In this episode, I examine how federal Medicaid matching can affect state spending decisions, how complicated financing arrangements can encourage states to pursue additional federal dollars, and why greater state flexibility should come with greater fiscal responsibility.
Then I go one step further: Medicaid reform shouldn't simply move control from Washington to the states. More healthcare dollars and decisions should ultimately move toward patients and doctors.
Protect taxpayers. Empower patients. Let doctors focus on healing.
Find show notes at vanceginn.substack.com and more info on my work at vanceginn.com.