Citizens Against Government Waste CAGW
CAGW Applauds President's Support for Medicare Fraud "Bounty Hunters"
Published in Healthcare Finance, Tax and Law Weekly, March 24th, 2010
The nation's premier taxpayer watchdog group, Citizens Against Government Waste (CAGW), today applauded President Obama for announcing that he will use private sector auditors to root out fraud in the country's two massive government-run healthcare plans, Medicare and Medicaid. The practice of using private sector auditors to identify and recover improper overpayments to healthcare contractors and providers, technically called recovery audit contractors (RACs), has been a staple in the private sector for many years.
The Office of Management and Budget (OMB) reported on November 18, 2009 that federal improper payments across the board totaled $98 billion in fiscal year...
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