Posted on Dec 14, 2024
Here’s How Trump Admin Can Stamp Out Fraud, Save Hundreds of Billions
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Edited 1 y ago
Posted 1 y ago
Responses: 6
I don't understand how the feds continue doing this. It's willfully ignorance on the part of the agencies of the government. I paid vendors and contractors as part of my job with the Bureau of Prisons and UNICOR. I think there is no fixing fraud. The Congress and president's have been saying they'd fix it since at least Reagan.Nothing has changed.
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One of the problems with "Fraud, Waste, and Abuse" is that often the cost of prevention turns out to be more than the cost of the problem.
We are shown giant numbers (which are almost always just a guess and often deliberately inflated by self-styled "watchdogs" in and out of government) but most of that comes from the large number of dubious or erroneous payments in relatively small amounts.
Tackling "Fraud, Waste, and Abuse" is exactly the same as any other security program -- the safeguards will never be precise or perfect, so you have to choose some balance between the False Positives and False Negatives.
It would be wonderful if everyone who deserved a payment received it promptly and easily while everyone who didn't deserve the payment was denied, but that accuracy is impossible to achieve. We MUST choose whether to err on the side of paying some dubious claims or on the side of denying some valid claims. Either way the fraction of one percent that constitute blatant mistakes will always make headlines. It is those headlines that keep swinging the pendulum.
We are shown giant numbers (which are almost always just a guess and often deliberately inflated by self-styled "watchdogs" in and out of government) but most of that comes from the large number of dubious or erroneous payments in relatively small amounts.
Tackling "Fraud, Waste, and Abuse" is exactly the same as any other security program -- the safeguards will never be precise or perfect, so you have to choose some balance between the False Positives and False Negatives.
It would be wonderful if everyone who deserved a payment received it promptly and easily while everyone who didn't deserve the payment was denied, but that accuracy is impossible to achieve. We MUST choose whether to err on the side of paying some dubious claims or on the side of denying some valid claims. Either way the fraction of one percent that constitute blatant mistakes will always make headlines. It is those headlines that keep swinging the pendulum.
(4)
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