Reducing Medicaid fraud and waste has been a talking point among many administrations, but with recent reports that 10% of Medicaid payments last year contained an error, several government offices are ready to take action. A meeting between the House Oversight Committee’s Subcommittee on Government Operations and the Subcommittee on Intergovernmental Affairs was planned for this past Wednesday and then cancelled. It was expected that lawmakers from both sides of the table would offer suggestions for reducing waste within the program. No future meeting date has been announced.
Medicaid Recipients Fearful of Losing Benefits
It’s estimated that fraud and erroneous payments in all public assistance programs cost federal and state governments nearly $140 billion in 2015. Medicaid is considered particularly vulnerable to fraud because there are so many parties involved in the administration of the program. Each state is tasked with day-to-day management of Medicaid, but there are also managed care companies and companies they subcontract with to offer plans. It’s hard for states to police all of the groups involved, making Medicaid a relatively easy area for things to slip between the cracks.