Tuesday, November 13, 2012

A Little Hurrah for Waste, Fraud and Abuse 

I read somewhere the other day that part of the 700-odd billion reduction in Medicare expense used to finance the Accountable Care Act (a.k.a. Obamacare) was attributed to a projected reduction in waste, fraud and abuse. 

It has occurred to me that perhaps waste, fraud and abuse is something for which we should be grateful.  It seems that whenever you want to expand an existing social program and don’t have quite enough income to cover it, you can count on a projected reduction in waste, fraud and abuse.  And then the next time you want to expand it and are looking around for money, there is waste, fraud and abuse reduction again waiting to be tapped.  One wonders how many social benefits we would be lacking if it were not for the availability of waste, fraud and abuse reduction. 

So all together now, let’s hear it for waste, fraud and abuse.



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