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HHS OIG Admits: We’re Just Flushing Money Down the Drain

The U.S. Department of Health and Human Services Office of the Inspector General (OIG) admitted last week that the Centers for Medicare and Medicaid Services (CMS) hospital payment process is broken.

The OIG’s report, “Significant Vulnerabilities Exist in the Hospital Wage Index System for Medicare Payments,” showed that from 2004 to 2017, CMS overpaid nearly 300 hospitals more than $140 million in taxpayer dollars.

New CMS Rule Will Help Reduce Drug Costs

On Wednesday, November 1, 2017, the Centers for Medicare and Medicaid Services (CMS) issued a new rule that will lower costs to taxpayers and Medicare beneficiaries for certain outpatient pharmaceuticals purchased under the 340B drug discount program.

Medicare Making Improper Payments to Prisoners

Centers for Medicare and Medicaid Services (CMS) Office of the Inspector General (OIG) recently exposed vulnerabilities that end up costing taxpayers hundreds of billions in wasteful spending due to erroneous and sloppy billing, and outright fraud.

Medicare Continues Fiscal Slide: Congress Sidelines Watchdogs

The 2016 Annual Report of the Board of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds Report came out today. 

Bottom line:  the Trust Fund faces insolvency in 2028, two years earlier than was projected in last year’s report.

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