GAO: Medicaid, Medicare Wasted $100B in Last Fiscal Year

The government agency that audits and evaluates all government offices recently concluded that the nation’s premier healthcare entitlements have made $100 billion in improper payments in the last fiscal years.

Incredibly, a revelation from the Government Accountability Office (GAO) six months ago that should raise eyebrows on both sides of the aisle in Congress has gone virtually unnoticed by lawmakers as well as both major party presidential candidates.

Along with the revelation of improper payments by both Medicaid ($50.3 billion) and Medicare ($51.1 billion) in Fiscal Year 2023, the report from the GAO revealed that “since Fiscal Year 2003, federal agencies reported about $2.7 trillion in total improper payments [emphasis added].”