If the Government Cut Medicare Fraud, It Wouldn't Have to Cut Medicare (Audio: Podcast)

IPI’s Resident Scholar Dr. Merrill Matthews shares some of his observations and research about how federal entitlement programs like Medicare tolerate rates of fraud that are much higher than fraud rates in the public sector, and if Medicare had been able to prevent $100 billion in fraud PER YEAR, it might not be in the fix it’s in today. And IPI President Tom Giovanetti rants about how you can’t expect private sector level performance from government, since the incentives in government are 180 degrees opposed to the incentives in the private sector. Oh, and “pay and chase” makes an appearance, too.