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.