05/22/2018
https://congress.gov...
"One of the things that I believe is important to keep in mind as we design our anti-fraud arsenal is that fraud is multifaceted."
"While the total cost of healthcare fraud is difficult to obtain, estimates range anywhere from $65 billion to $98 billion annually."
"So, I mean, if this is happening with the secure card now, isn't there a danger of that in Medicare?"
"In fact, the medical loss ratio requirement in the ACA is a critical consumer protection that has already saved consumers over a billion dollars."