
Official estimates put the amount of improper payments in federal subsidy programs at about $100 billion a year, with Medicare and Medicaid accounting for more than half. The actual loss to taxpayers is probably much higher.
The Government Accountability Office has issued a new report illustrating why improper payments are so high. It focuses on poor contract management at the Centers for Medicare and Medicaid Services (CMS), which administers Medicare and Medicaid:
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