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Friday, 30 October 2009

$60 billion health fraud: 95% of medical companies fraudulent

95% of medical companies in America are fraudulent. They provide no medical services and have no patients, yet each of these companies can defraud the taxpayer by millions each month, before they close up shop and get caught by the auditors. Then they start up another.

This is another fine example of how the government wastes money. They're not focussed on the bottom line, as are private companies. When waste occurs, they don't feel it - it is no loss to them because they can simply take more from you, by way of taxes.

2 comments:

banned said...

Great film, we should hire some of those FBI agents to locate and destroy the fraudulent managerial gangs that infest the NHS.

Fausty said...

I'd bet there's a lot of it going on under the remit of the DoH, from what I hear (but cannot verify).

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