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And, their total profit plus executive salaries is a small fraction of the amount of admitted Medicare fraud.

Do you have a citation for this? It doesn't sound implausible, but a citation would be nice.



I remember, but can't find, AG Holder saying that the number is between $120 and $150B.

http://abcnews.go.com/Nightline/medicare-fraud-costs-taxpaye... says that the govt admits to $60B/year in medicare fraud.

http://issa.house.gov/index.php?option=com_content&task=... says that the number is closer to $150B .

Meanwhile, the govt recovered $4B in 2010. http://www.publicbroadcasting.net/kwgs/news.newsmain/article... .

IIRC, the total profit by private healthcare companies was less than $10B in 2009 and the executive salaries total was under $1B. You've said that the 2010 numbers are somewhat better.




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