The Government Accountability Office has released a shocking report on Medicaid waste. They found that $14 billion had been improperly paid to managed care organizations (MCO's) who work with state Medicaid agencies to service eligible clients. Washington Examiner: The "size and diversity" of the MCOs have put both state and federal governments at odds on how to oversee the payments, the report said. Specifically, the wrong payments made were for treatments or services not covered, not necessary, or billed for but never provided, GAO found. States that expand Medicaid programs under Obamacare will receive a 100 percent reimbursement from the federal government for MCOs for the next two years, the report said. Given that state and federal governments have recovered "only a small portion" of the wrongly paid money, unless they ramp up their oversight of MCOs, even more Medicare dollars will be "vulnerable to improper payments," GAO...(Read Full Post)