This is an opinion item.
| Author(s)
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Jeffrey Anderson
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| Source
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The Weekly Standard
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| Date
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July 22, 2013
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| URL
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http://www.weeklystandard.com/articles/mandate-madness_740066.html
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| Quote
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That swings the door wide open for defrauding taxpayers. Think government programs are safe from such concerns? Think again. The Government Accountability Office estimates that, in 2011, Medicare and Medicaid made a whopping $50.7 billion in fraudulent payments. That same year, the combined annual profits of the nation’s 10 largest insurance companies were $13.7 billion. In other words, the government lost almost four times as much as private insurers made.
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This item argues for the position Act should not have been passed on the topic Patient Protection and Affordable Care Act.