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Thursday, April 01, 2010

More Accounting Fraud Exposed

Thirty billion dollars worth this time.

Call it Doc Fix 2.0.

The federal government already has the “Doc Fix,” an annual shortfall of about $20 billion that must be paid to maintain current payment rates to physicians under Medicare.

Now, it looks like President Obama’s health-care bill created another funding cliff, costing an additional $5.5 billion or so each year.

Critics say the costs were hidden from view in the $940 billion health-care bill to lower the price tag by about $30 billion, and also as a way to gain the support of doctors and hospitals without angering governors.
This getting to be a habit.

Read more: http://dailycaller.com/2010/04/01/obama-health-bill-hid-30-billion-in-medicaid-costs-critics-say/#ixzz0jr3sSh1g

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