“The Government Accountability Office has released its 2017 ‘High Risk List,’ which identifies federal agencies and programs vulnerable to fraud, waste, abuse and mismanagement. The list is published every two years at the start of a new Congress, raising the alarm about areas that greatly need attention and redirection. First designated as ‘high risk’ back in 1990, Medicare has made the GAO list every year since due to ‘its size, complexity, and susceptibility to mismanagement and improper payments.’”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
This is a very good, short update on the tragic financial mess Medicare has become.
Warnings About Medicare’s future continue to be ignored