About This Video
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Published: Thu, 24 Sep 2009
Description: A look at rampant fraud in health care
Automatically Generated Transcript (may not be 100% accurate)
" I didn't stop paying the crux. That's a title for our next guest book it's -- fraud health care fraud yes stealing your money. Going to the author hundreds of billions of dollars are lost throughout the health care system. Just confront alone join us live is Jim -- the author of stop pain the crux solutions and the fraud that threatens your health care much Protestants."
" These acorn video there has been watching the last couple days. Time's up by a thousand. That's how about the front as -- health care who's committed fraud. It is just about everyone it is so easy because Medicare supplier. The market is moving in the direction of becoming Medicare suppliers is just so easy. It's so pacers management may get that check after the mock case and and I'm going on under serious serious absolutely stress. 2% to I'm probably gonna check on in my car on the way home he. Better fives and I -- what about the healthcare providers. My health care providers can be part of it too but we have people that for example could emerge from 400 times in two weeks frontiers. Or people that go and take 600 ambulance rides in three years -- just got out of buffalo couple months ago. This happens routinely to all who gives more examples. New York Medicaid. At least ten billion of that program in one state in one year can't be explained. Which is completely insane in the accounting programs accounting practices and most in Medicaid programs make Enron look like -- lemonade stand. How does this happen. Because there's no sunlight on the program nobody knows where these dollars go. Taxpayers these people tea party should demand more transparency they're not getting it it's completely and totally outrageous. And it literally is a thousand times worse thing you can imagine give me another example. There was a -- this is last month convicted murder in Miami who became an -- supply he'd spent fourteen years in prison -- Medicare supply company. He defrauded Medicare instantly. Committed another murdered dismembered the -- Pled guilty -- Medicare fund federal court three weeks ago and is now also on trial state court for committing second murder he's the kind of people America let's work for them."
" What is it Louis so what are we dim and I did he win we hear that day -- president's program is that if we can forget this fraud of the Middle East that are recaptured an island in many ways paid down that -- this healthcare -- Bill what forty suggest."
" What today give the president a lot of credit for raising the issue last week because he's right. And the amounts of money are just absolutely staggering but you have to be very seriously -- a lot of people already get the savings tied up but it is possible at the end of well I'll tell you one example is to cellular scooter commercials see all night. And those kind of thing you should ripe for fraud what they should do we is out it's impossible to send ever fixed that people that run Medicare. So what they should do. It's outsource the authentication. Of new Medicare suppliers to Visa Mastercard American Express -- actually know what they're doing. The people Medicare and cultures completely corrupted -- totally incompetent. And they had no business running a program and elderly and poor people depend on. There's certain pockets of the country that -- what -- having seen more fraud than others actually Miami is a hot spot New York is terrible and a former inspector journal New York a few years ago said that up to 40% 4040%. Have claims and that -- questionable. That would be close to twenty billion dollars in one state and one year."
" is always say it it it's it's stunning to me that people weren't aware -- and that you know and just simply admitted they had have been aware of it. And that simply look the other way."
" They're very they're not aware of it or any car somehow they're in on it but the amounts truly are far beyond what you can possibly imagine. And it is just it is and hundreds of billions of dollars here how certain are you. Very certain. In fact Malcolm sparrow who is a Harvard researchers spent on the stuff for years said he thinks between 203035%. Of these programs -- just flat out fraud. And DOD inspector general three weeks ago released a report where they said they don't even have the capability of measuring how about the fraud this. You don't seat and any other industry except for health care it is just off the charts this just had all stopped paying the crux as the name of the book and it's -- good idea anyway it's stunning doing -- thank you."
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