'It is clear to see why Americans consider this the biggest cause, when health care fraud was estimated to cost approximately $100 billion to $250 billion per year in 1998, or 10 percent to 25 percent of total health care spending'
I wanted to take today to remind US citizens the degree of health industry fraud during these few decades. I shared a meme on FB of the current debate around PROFITEERING ---the cost of EpiPen. It is the same as the $5,000 toilets charged to the Department of Defense. The mark-up on health care services was tremendous and that is why the US has been ranked highest in the world for ordinary care. Can elected officials sit and watch profiteering of our tax dollars? NO, THEY HAVE A DUTY TO PROTECT THE INTERESTS OF CITIZENS. As CLINTON/BUSH/OBAMA dismantled all oversight and accountability and turned their heads to allow massive fleecing of our public health care trusts and facilities----they were AIDING AND ABETTING these crimes. Below is a great research paper on the extent of these frauds and yes, it is far higher than any government or think tank investigation and everyone knows this. This article looked at data from that REAGAN/CLINTON era where Reagan started the dismantling of what was great oversight and accountability---Medicare was the finest government program for decades----and during Clinton the frauds were already a few hundred billion a year. This was only Medicare---Medicaid was having far more each year. We can assume during Bush these amounts soared and Obama PRETENDS to have built something but we are seeing no signs of anything other than recovery of pennies on a dollar of fraud.
'In the 1990’s the Clinton administration began a health care reform campaign and focused a lot of resources on stopping and, furthermore, preventing health care fraud within the Medicare and Medicaid programs'.
MEDICARE LITERALLY HAD ENOUGH REVENUE TO HANDLE NOT ONLY THE HEALTH CARE NEEDS OF BABY BOOMERS----BUT WOULD HAVE HAD ASSETS FOR OUR NEXT GENERATION IF NOT FLEECED. THE PUBLIC STRUCTURE DID NOT FAIL AND THE CORPORATE POLS HAVING ALLOWED IT ARE SIMPLY NOW HANDING THOSE FUNDS DIRECTLY TO GLOBAL HEALTH INDUSTRY AND WALL STREET FOR THEIR PROFITS.
Below you see a well-researched paper on health fraud. Notice that the amount of fraud back in 1998 was $250 billion a year.....THAT WAS BEFORE CORPORATE FRAUD WENT ON STEROIDS
An Undergraduate Honors Thesis by
Professor Nicole C. Quon
Health care fraud is an important and visible factor associated with increasing health care costs in the United States. Medicare and Medicaid contribute to a vast majority of those cost sand therefore must be heavily scrutinized. This thesis will investigate the types of fraud, who commits them, and why the health care system is more susceptible to fraud. More specifically, the problems and complications of current fraud investigation for Medicare and Medicaid are examined. This thesis will then evaluate how successful these initiatives were in reducing health care fraud and explore new suggestions for preventing health care fraud in the future.
As elections approach Americans are hearing more and more about health care reform, and what needs to be done to fix the ailing health care system. The main problem candidates are trying to address is the dramatic increase in health care costs that are causing the number of underinsured and uninsured patients to increase across the country. Many different factors are related to the increase in health care costs. This paper will focus on health care fraud and abuse, and more specifically health care fraud and abuse within the Medicare and Medicaid programs.
Health care fraud is an important and visible factor associated with increasing health care costs, because there is no positive side to it. Some of the other factors that increase costs, such as better technology, have positive implications, but health care fraud is only viewed as a drain on health care resources. Health care fraud and abuse costs the United States an estimated 110 billion dollars a year (Caldwell 1997). Because health care fraud has played such a vital role in increasing the cost of health care it has gained a lot of attention from the government and the United States people. In the 1990’s the Clinton administration began a health care reform campaign and focused a lot of resources on stopping and, furthermore, preventing health care fraud within the Medicare and Medicaid programs. This paper will investigate those reforms, and evaluate how successful they were in reducing health care fraud. This paper will also address some of the many different types of fraud, who commits them, why the health care system is vulnerable to fraud, the problems and complications of current fraud investigation, and explore new suggestions for preventing health care fraud in the future.
Just because the current pols will not recover this fraud does not mean WE THE PEOPLE don't have those assets. When I hear a citizen say Baltimore is broke I think---we have Johns Hopkins as a global corporation with real estate all over the world built on a great deal of misappropriation, fraud, and corruption and we simply need encourage the transfer of their wealth back to city assets. Baltimore has great revenue sources for building a public health structure we simply need to elect pols wanting to rebuild our local community economies with small business and small manufacturing rather than plastering the area with global corporate campuses.
The Affordable Care Act no more builds oversight and accountability than the man in the moon. It collects and uses our data for profit---they are not looking for fraud or profiteering.
THERE IS NO FRAUD SAYS MARYLAND STATE HEALTH DIRECTOR---THERE IS NO FRAUD SAYS THE BALTIMORE HEALTH COMMISSIONER------OH, REALLY????
As with the subprime mortgage frauds well documented as being in the trillions of dollars-----the US Justice Department and our state AGs settled for pennies on the dollar---$25 billion ---saying this was just a start----and then did almost nothing more. As I showed most of that settlement went right back to banks and their real estate development for global corporations.
Here we see how small this recovery is in health care as well. They are touting huge gains in recovery---well when starting from nothing a billion may sound big but with several hundreds of billions of dollars each year in fraud THAT'S OUR MEDICARE, SOCIAL SECURITY DISABILITY, AND MEDICAID TRUST GONE. Obama and Clinton neo-liberals handing our public trusts directly to the same health institutions involved in these frauds to do with these funds as they want---ended these public health programs. Now these funds are simply diverted directly to health industry profit.
Dec 07, 2015 More on Compliance & Legal
Biggest healthcare frauds in 2015: Running list
Henry Powderly, Editor-in-Chief
Slide 1 of 60Updated, Dec. 7, 2015
Healthcare fraud continues to roil the industry, as a steady stream of doctors, practice owners, suppliers and even executives are charged weekly with ripping off patients and payers alike.
In 2014, the federal government recovered nearly $5.7 billion in healthcare fraud cases, up $1.9 billion from the prior fiscal year. Of that amount, $2.3 billion was tied to healthcare fraud against the federal government, according to a recent review by the Nashville, Tennessee firm of Bass, Berry & Sims PLC.
Already, 2015 has seen a host of major fraud news involving dozens of individuals and amounting to millions in abuse, often related to Medicare fraud.
We’ll keep tabs on the biggest cases, those with greater resonance for healthcare providers, in this running list. Check back often as new cases are added.
As with our Department of Education and student loan debt Obama outsourced all Federal debt collection and in this case looking for health industry fraud. Now we have Wall Street collectors pocketing any fraud found giving taxpayers a percentage of what they find. Know who these firms don't look at when looking for fraud? They are looking for civilians----gangs/organized crime/patients committing fraud but not looking at the industry itself. Right now doctors are being pushed into health systems ACOs that see them as staff and global health corporations do not want staff taking that revenue. Doctors gaming the billing codes was a problem but what these health systems find comes back to them----not to our Medicare and Medicaid Trusts. It will be absorbed as profit. It was the privatization of our public health trusts that motivates taking care of the fraud. It was OK to fleece our public Medicare Trust but now it is controlled by private health systems and they see any loses a threat to their profits.
We see below---these are simply global Wall Street financial corporations with the aim of garnering a percentage of profit for finding fraud that then goes back to the health system.
YET ANOTHER LAYER OF CORPORATION IS WHAT WAS A SIMPLE GOVERNMENT OVERSIGHT AND ACCOUNTABILITY THAT STOPPED AND RECOVERED FRAUD AND THAT MONEY CAME TO US AS HEALTH CARE ACCESS.
Global pols have created another middle-man on top of health insurance corporations feeding on our payroll taxes for health care. This opens this week's discussion on WE THE PEOPLE AND OUR CONSTITUTIONAL RIGHTS TO PRIVACY-----the Affordable Care Act basically sends all our health records to any number of corporations for any number of uses as with this private security firm.
Medicare as in Social Security created jobs in cities across the nation managing our data as government employees. The data stayed in this public system and strict guidelines are in place as to where and with whom that data could be shared. Now, as we see these are global financial firms no doubt hiring overseas to do searches for health industry reports AND THIS IS WHY ALL OUR HEALTH RECORDS HAD TO GO ONLINE. It had little to do with helping doctors organize our health care.
FICO and Emdeon to Jointly Attack $200 Billion Problem of Health Insurance Fraud, Waste, and Abuse
MINNEAPOLIS and NASHVILLE, Tenn.—April 14, 2010—FICO (NYSE:FICO), the leading provider of analytics and decision management technology, and Emdeon Inc (NYSE:EM), a leading provider of healthcare revenue and payment cycle management solutions, today announced a commercial agreement aimed at preventing fraud, waste and abuse in the health insurance system. Under the alliance, Emdeon will incorporate FICO™ Insurance Fraud Manager into its leading healthcare revenue and payment cycle transaction processing network in order to offer an enhanced fraud prevention solution to the 1,200 payers currently using Emdeon. Emdeon operates the single largest financial and administrative information exchange in the U.S. healthcare system. The parties believe the combination of Emdeon’s healthcare data and central position in the healthcare workflow, complemented by FICO’s sophisticated analytics, will result in a unique solution to the marketplace.
Industry estimates place the cost of healthcare fraud, waste and abuse at $200 to $600 billion annually – costs that are ultimately borne by health insurance payers and consumers. FICO and Emdeon identified millions of dollars in cost saving opportunities when they examined claims with indications of fraud, waste or abuse during a pilot study performed with de-identified data from just two U.S. states.
FICO (NYSE:FICO) transforms business by making every decision count. FICO’s Decision Management solutions combine trusted advice, world-class analytics and innovative applications to give organizations the power to automate, improve and connect decisions across their business. Clients in 80 countries work with FICO to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. FICO also helps millions of individuals manage their credit health through the www.myFICO.com website.
Emdeon is a leading provider of revenue and payment cycle management solutions, connecting payers, providers and patients in the U.S. healthcare system. Emdeon's product and service offerings integrate and automate key business and administrative functions of its payer and provider customers throughout the patient encounter. Through the use of Emdeon's comprehensive suite of products and services, which are designed to easily integrate with existing technology infrastructures, customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle process. For more information, visit www.emdeon.com.
The concerns are this----this is a global Wall Street financial firm already known for poor record-keeping and for holding consumers hostage in trying to clean up credit rating messes. We often have to hire lawyers and professionals to clean up what FICO does wrong. Below we see how much power FICO is being given on how, when, where our credit cards are accessed---this is a lot of control. FICO is now the same corporation being hired to find fraud---including health fraud and we already see that the public is not involved in seeing these investigations. We have a very closed system of state attorney general's offices as it is telling us THERE IS NO FRAUD----they are passing laws saying ONLY THE STATE AG CAN PROSECUTE CORPORATE AND GOVERNMENT CRIMES OF FRAUD.
This kind of consolidation of our financial system globally now branching into all our government agencies as the only oversight and accountability SCREAMS ----THIS IS NOT GOOD.
WE THE PEOPLE are losing all control of how global corporations operate----how they use our revenue-----who they target for crime ----and what happens to that revenue that may be discovered. We see global VEOLA ENVIRONMENT taking public water systems globally filling water billing with fraud. Who gets soaked with bad charges?
All of these investigative powers are falling into the hands of Wall Street----we found the NSA and its surveillance working for Wall Street -----and the bulk of problems with frauds of every kind are committed by WALL STREET.
THE HEALTH INDUSTRY FRAUDS OF TOMORROW AS IN THE PAST WILL COME FROM THESE STATE/NATIONAL/GLOBAL HEALTH SYSTEMS ----AND WILL NOT BE INVESTIGATED BY GLOBAL WALL STREET CORPORATIONS.
"These controls do more than just protect against fraud," said TJ Horan, vice president of fraud solutions at FICO. "They enable concerned consumers and active budget managers to control how their cards are used. This is the easiest and most comprehensive solution of its type, and we're making it available to our banking partners. The extra layer of protection may increase a cardholder's spending levels, improve the bank's share of wallet, and increase engagement with the bank's mobile app."
All of that health industry technology funding while being told doctors will provide better service if medical records are online-----hundreds of billions of dollars went into building what is a global health system security structure. It works for the global health systems---not for citizens wanting their public Trusts protected.
New FICO Solution Helps Banks Empower Consumers to Fight Fraud
FICO Consumer Fraud Control is a mobile app solution that empowers consumers to configure card usage controls and transactional alerts, for greater peace of mind.
SAN JOSE, Calif. , Aug. 5, 2015 /PRNewswire/ -- FICO (NYSE: FICO), the analytics and decision management software company, today introduced FICO® Consumer Fraud Control, a new solution for banks that enables their cardholders to configure card usage controls and transactional alerts via the bank's mobile app.
Building on FICO's market-leading FICO® Falcon® Fraud Platform, Consumer Fraud Control allows consumers to easily shield themselves from potential fraud, as well as closely manage daily card use. Cardholders can:
- Set controls on when, where and how their cards are used, such as blocking certain purchase types or cash withdrawals, setting maximum transaction amounts and restricting merchant types
- Customize real-time alerts or push notifications on their account and card activity, enabling them to monitor transactions in real time
- Monitor activity and instantly pause card function in the event of suspected fraud or loss
A 2014 study by Unisys found that 59 percent of Americans fear bank card fraud — more than terrorism (47 percent) or disease epidemics (34 percent). A FICO study in late 2014 showed that more than half of consumers in the UK and the US wanted to use a mobile app to control the types of transactions and the dollar amounts allowed on their cards.
"Banks have found tremendous value in our FICO® Score Open Access program, which provides banks' consumers greater transparency and understanding by sharing the FICO Scores the lenders use," said Geoff Smith, vice president for consumer solutions at FICO. "FICO Consumer Fraud Controls now enables banks to further empower consumers by helping them protect and manage their credit and debit cards."
FICO has led payment card fraud protection for more than 20 years. The FICO® Falcon Fraud Platform protects 2.5 billion payment cards worldwide, using advanced analytics and cardholder profiles. The solution is available now to global banks and card issuers who want to offer their customers greater peace of mind. More information: http://www.fico.com/en/products/fico-consumer-fraud-control.
FICO (NYSE: FICO) is a leading analytics software company, helping businesses in 90+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction. The company's groundbreaking use of Big Data and mathematical algorithms to predict consumer behavior has transformed entire industries. FICO provides analytics software and tools used across multiple industries to manage risk, fight fraud, build more profitable customer relationships, optimize operations and meet strict government regulations. Many of our products reach industry-wide adoption. These include the FICO® Score, the standard measure of consumer credit risk in the United States. FICO solutions leverage open-source standards and cloud computing to maximize flexibility, speed deployment and reduce costs. The company also helps millions of people manage their personal credit health.
Learn more at www.fico.com.
FICO is a trademark or registered trademark of Fair Isaac Corporation in the United States and in other countries.
As an organization working for social justice I am shouting not only against having what will be a global fraud investigation handed to global corporations----but to corporations already identified as part of creating this fraudulent capture of our national economy and American citizens' ability to protect themselves from fraud and corrupt record-keeping practices. Here we see FICO identified in what is probably Obama's version of the Bush-era subprime mortgage frauds happening right now as we head into another economic crash from these conspiracies.
Now, Obama is NOT coming to the rescue of low-income citizens---he is pressuring regulators to allow more subpriming. As Obama charges FICO with this mortgage issue he handed a great deal of our Federal Medicare and Medicaid data to this same FICO. Bush did this same thing to bring last decade's mortgage subpriming.
The problem with risk-assessment and citizens of color is a deliberate attempt to assign more credit obligations to citizens they know cannot handle that debt just to move more and more Federal revenue to Wall Street corporations. So, now we are to have FICO tied to global health fraud detection as our US health industry is consolidated into global health systems.
Who does Medicaid fraud target? These same low-income citizens and now they are capturing more and more US citizens falling into these lower-tiered health plans----as Bronze/Medicare/Medicaid.
Obama Inflates FICO Credit Scores to Fuel Lending
Paul Sperry, Investor's Business, Daily, August 13, 2014
Known as the gatekeeper of consumer credit, Fair Isaac may be losing that role to federal regulators and activists eager to reopen the floodgates on lending to shaky borrowers.
Bowing to pressure from Washington, the San Jose, Calif.-based Fair Isaac has agreed to tweak its widely used credit-risk scoring model to give a break to consumers with debts that have gone into collections.
The unprecedented move follows months of talks with Obama administration regulators, who have charged that the firm’s FICO credit score inaccurately portrays many low-income and minority consumers as credit risks and denies them access to loans and credit cards.
The lower weight that FICO will now give unpaid medical debt, for instance, could boost some affected borrowers’ score by 25 points or higher, potentially making them eligible for loans previously denied.
A subprime borrower has a FICO score of 660 or lower.
While inflating credit scores will make it easier for tens of millions of Americans with subprime credit today to now get mortgages and other loans, it also threatens to inject major risk into the financial system just six years after the devastating credit crisis.
First introduced in 1989, the FICO credit-risk score evaluates a borrower’s creditworthiness based on bill-paying history and several other objective factors. It’s viewed as the most trusted credit-bureau risk score, factoring into some 10 billion lending decisions a year. A large body of research has found FICO scores to be the most accurate predictors of default.
That’s why 90 of the largest 100 U.S. financial institutions rely on it. FICO scores, moreover, are the required credit risk underwriting standard for all FHA-insured loans, as well as all mortgages sold to Fannie Mae and Freddie Mac. In the run-up to the crisis, however, Washington regulators pressured institutions to overlook credit scores as part of a crusade to expand homeownership.
After months of meetings with the powerful new Consumer Financial Protection Bureau, FICO agreed that it would no longer count as points against credit scores delinquent medical debt or any debts that go to collection agencies and get repaid.
Obama regulators argue that it’s important to insulate consumer credit scores from medical debt, for one, because such bills are “unexpected.”
Critics call that distinction a slippery slope, arguing that under such reasoning, delinquent debt from losing a job or crashing a car might also be excluded from credit scores.
In 2012, CFPB Director Richard Cordray announced from Detroit that the government would, for the first time, start policing the $4 billion credit reporting industry in response to activists’ complaints of rampant errors and racial bias.
The bureau opened up a complaint line and portal for consumers with damaged credit, followed by on-site examinations at Experian, Equifax and TransUnion. Examiners ordered the agencies to turn over data about their methods and practices.
Then the CFPB released a study claiming that less than 80% of credit reports are accurate, which in turn triggered an avalanche of stories in the press casting doubt on the veracity of credit scores.
In fact, a major 2011 study by the Policy and Economic Research Council found that 98% of reports contain no material errors. Also, a 2007 Federal Reserve study found no racial bias in credit scoring in a national sample of more than 300,000 credit bureau records. It found, if anything, that scores typically underestimate the risk posed by African-American borrowers, who “show consistently higher incidences of bad (loan) performance than would be predicted” by their FICO scores.
If we return to the ONE WORLD ONE GLOBAL CORPORATE TRIBUNAL RULE-----and we look at the global health structure the World Health Organization and UN are building for this-----and we think about this global financial health fraud system Obama is building with Wall Street firms known to be tied to subpriming most of these frauds-----and we will see why Obama and 1% Wall Street global corporate neo-liberals joined Republicans in building this TECHNOLOGY FOR HEALTH DATA.
HEALTH CARE FOR ALL in the US is the same in Ghana is the same in India is the same in Peru and all of what was our US Medicare and Medicaid Trusts will simply be part of this global HEALTH CARE FOR ALL------with the systemic fraud now moving these funds globally. Developing nation citizens are already shouting----we are not seeing much of what the World Health Organization says is this HEALTH CARE FOR ALL-----and they won't. 1% Wall Street is simply building what has occurred these few decades in the US globally to those global health tourists pushed into this same low-level of preventative clinic care.
The Wall Street players moving citizens around in this system of Federal agency fleecing are simply going to be found in nations having International Economic Zones and global corporate campus health care.
Remember, in US cities deemed International Economic Zones like Baltimore there will be a flood of global labor pool as is happening now filled with immigrant labor all getting paychecks that have to take out PAYROLL TAXES for Medicare/Medicaid just as US citizen workers. When Obama says he is redistributing wealth--he meant that what was our US Medicare and Medicaid will simply be folded into what the World Health Organization and UN have had as their HEALTH CARE FOR ALL policies. This will take US citizens down to third world level of health care access.
Think of the health industry fraud that will now be happening globally-----trillions of dollars in fraud from what 1% Wall Street is calling health access for all.
12 December 2014
Erissa Scalera, The Rockefeller Foundation
| +1 212
500+ Organizations Launch Global Coalition to Accelerate
Universal Health Coverage
Coverage Day, all countries urged to make quality health
accessible to everyone, everywhere
NEW YORK, 12 December 2014
A new global coalition of more than 500 leading health and
development organizations worldwide is urging governments to accelerate reforms that ensure everyone, everywhere, can access quality health services without being forced into poverty. The coalition was launched today, on the first-ever Universal Health Coverage Day, to stress the importance
of universal access to health services for saving lives,ending
extreme poverty, building resilience against the health effects of climate change and ending deadly epidemics such as Ebola.
Universal Health Coverage Day
marks the two-year anniversary of a United Nations resolution,
unanimously passed on 12 December 2012, which endorsed
universal health coverage as a pillar of sustainable development and global security. Despite progress in combatting global killers such as HIV/AIDS and vaccine-preventable diseases such as measles, tetanus and diphtheria,
the global gap between those who can access needed health services without fear of financial hardship and those who
cannot is widening. Each year, 100 million people fall into poverty because they or a family member becomes seriously ill and they have to pay for care out of their own pockets.
Around one billion people worldwide can’t even access the
health care they need, paving the way for disease outbreaks to become catastrophic epidemics
“The need for equitable access to quality health care has never been greater, and there is unprecedented demand for universal health coverage around the world,” said
of The Rockefeller Foundation,
which is spearheading
Universal Health Coverage Day.
“Universal health coverage is an idea whose time has come
–because health for all saves lives,
strengthens nations and is achievable and affordable for every country.”
For much of the 20th century,
universal health coverage was limited to a few high-
income countries, but in the past two decades, a number of lower-and middle-income countries have successfully embraced reforms to make quality health care universally available.
Countries as diverse as Brazil, Ghana, Mexico,
Rwanda, Turkey and Thailand have made tremendous progress toward universal health coverage in recent years.
Today, the two most populous countries, India and China, are pursuing universal health coverage, and more than 80 countries have asked the World Health Organization for implementation assistance
“Putting people's health needs ahead of their ability to pay stem
s poverty and stimulates growth,” said Dr. Tim Evans,
Senior Director for the Health, Nutrition and Population Global Practice at the World Bank Group. “Universal health coverage is an essential ingredient to end extreme poverty and boost
shared prosperity within a generation.”
I identified our local Johns Hopkins and one example of EVERGREEN HEALTH as simply being corporate welfare queens-----the executives at the top are no more talented than most---in fact they are probably not as talented----but they are using NEPOTISM to move all our government contracts and spending to these same 1% and their 2%. Cheney's Halliburton was on the way to bankruptcy when he was tapped by Bush for VP and VOILA-----Halliburton is part of what this article shows---trillions of dollars in defense industry fraud. Know what global corporations are behind most of this health industry consolidation? THE GLOBAL HEDGE FUND CARLYLE GROUP, global defense industry corporations----so if we take FICO----and have that Wall Street firm in charge of watching this global HEALTH CARE FOR ALL----PREVENTATIVE CLINIC CARE FOR THE 99%-----we are in trouble and should be protecting developing nation citizens from this mess. Developing nations need their own LOCAL HEALTH CARE ECONOMY----not these global health systems.
DID 100,000 CITIZENS IN BALTIMORE REALLY VOTE FOR THESE HEALTH POLICIES? ESTABLISHMENT CANDIDATES EMBRY, WARNOCK, DIXON, PUGH, STOKES, MOBSY ALL WORKED HARD TO INSTALL THESE INTERNATIONAL ECONOMIC ZONE POLICIES IN BALTIMORE THESE FEW DECADES---AND THEY ARE MOVING FORWARD WITH THIS UNITED NATIONS AND GLOBAL CORPORATE TRIBUNAL RULE.
I can without a doubt say these REDISTRIBUTION OF AMERICAN ASSETS OVERSEAS TO BUILD THESE STRUCTURES is not 'social justice' for global citizens in developing nations. Citizens living in Baltimore know this outcome from external audits and what our pols always say----------------not a bit of oversight and accountability---not a bit of network in place to track anything---and guess who is behind this in Baltimore as well as tied to the BUSH/CHENEY CROWD------JOHNS HOPKINS.........
'Beginning in 1996 all federal agencies were mandated by law to conduct regular financial audits. However, the Pentagon has NEVER complied with that federal law. In 20 years, it has never accounted for the trillions of dollars in taxpayer funds it has spent, in part because “fudging” the numbers has become standard operating procedure at the Department of Defense, as revealed in a 2013 Reuters investigation by Scot Paltrow'.
Guess whose global health systems have been overseas operating under this UNITED NATIONS ONE WORLD UNIVERSAL CARE structure ----Johns Hopkins. Who is behind building much of the global labor pool distribution system bringing global labor to Baltimore to pay PAYROLL TAXES FOR MEDICARE/MEDICAID----and then maybe sent elsewhere in the world to work? Johns Hopkins.
Audit: Pentagon Cannot Account For $6.5 Trillion Dollars Is Taxpayer Money
Adding to the appearance of impropriety is the fact that thousands of documents that should be on file have been removed and disappeared without any reasonable explanation.
By Jay Syrmopoulos | The Free Thought Project @SirMetropolis | August 8, 2016
A new Department of Defense Inspector General’s report, released last week, has left Americans stunned at the jaw-dropping lack of accountability and oversight. The glaring report revealed the Pentagon couldn’t account for $6.5 trillion dollars worth of Army general fund transactions and data, according to a report by the Fiscal Times.
The Pentagon, which has been notoriously lax in its accounting practices, has never completed an audit, would reveal how the agency has specifically spent the trillions of dollars allocated for wars, equipment, personnel, housing, healthcare and procurements allotted to them by Congress.
Beginning in 1996 all federal agencies were mandated by law to conduct regular financial audits. However, the Pentagon has NEVER complied with that federal law. In 20 years, it has never accounted for the trillions of dollars in taxpayer funds it has spent, in part because “fudging” the numbers has become standard operating procedure at the Department of Defense, as revealed in a 2013 Reuters investigation by Scot Paltrow.
According to the report by the Fiscal Times:
An increasingly impatient Congress has demanded that the Army achieve “audit readiness” for the first time by Sept. 30, 2017, so that lawmakers can get a better handle on military spending. But Pentagon watchdogs think that may be mission impossible, and for good reason…
The Defense Finance and Accounting Service (DFAS), the behemoth Indianapolis-based agency that provides finance and accounting services for the Pentagon’s civilian and military members, could not provide adequate documentation for $6.5 trillion worth of year-end adjustments to Army general fund transactions and data.
The DFAS has the sole responsibility for paying all DOD military and personnel, retirees and annuitants, along with Pentagon contractors and vendors. The agency is also in charge of electronic government initiatives, including within the Executive Office of the President, the Department of Energy and the Departing of Veterans Affairs.
While there is nothing in the IG’s report specifying that the money has been stolen, the mere fact that the Pentagon can’t account for how it spent the money reveals a potentially far greater problem than simple theft alone.
For every transaction, a so-called “journal voucher” that provides serial numbers, transaction dates and the amount of the expenditure is supposed to be produced. The report specifies that the agency has done such a poor job in providing documentation of their transactions, that there is no way to actually know how $6.5 trillion dollars has been spent. Essentially, the government has no way of knowing how the Pentagon has spent the trillions of taxpayer dollars allocated by Congress for national defense.
In turn, employees of the DFAS were routinely told by superiors to take “unsubstantiated change actions” commonly referred to as “plugging” the numbers. These “plugs” – which amounted to falsifying financial records – were then used to create the appearance that the military’s financial data matched that of the U.S. Treasury Department’s numbers when discrepancies in the financial data couldn’t be accounted for, according to the Reutersinvestigation.
According to that Reuters investigation:
For two decades, the U.S. military has been unable to submit to an audit, flouting federal law and concealing waste and fraud totaling billions of dollars.
Linda Woodford spent the last 15 years of her career inserting phony numbers in the U.S. Department of Defense’s accounts.
Every month until she retired in 2011, she says, the day came when the Navy would start dumping numbers on the Cleveland, Ohio DFAS…. Using the data they received, Woodford and her fellow accountants there set about preparing monthly reports to square the Navy’s books with the U.S. Treasury’s…. And every month, they encountered the same problem. Numbers were missing. Numbers were clearly wrong. Numbers came with no explanation of how the money had been spent or which congressional appropriation it came from.
While many of the problems occurred due to bookkeeping errors rather than actual financial losses, the DFAS has failed to provide the necessary tracking information essential to performing an accurate audit of Pentagon spending and obligations, according to the IG’s report.
“Army and Defense Finance and Accounting Service Indianapolis personnel did not adequately support $2.8 trillion in third quarter adjustments and $6.5 trillion in year-end adjustments made to Army General Fund data during FY 2015 financial statement compilation,” wrote Lorin T. Venable, the assistant inspector general for financial management and reporting. “We conducted this audit in accordance with generally accepted government auditing standards.”
The Pentagon has a chronic failure to keep track of its money – how much it has, how much it pays out and how much is wasted or stolen. Adding to the appearance of impropriety is the fact that thousands of documents that should be on file have been removed and disappeared without any reasonable explanation.
DFAS “did not document or support why the Defense Departmental Reporting System . . . removed at least 16,513 of 1.3 million records during Q3 FY 2015. As a result, the data used to prepare the FY 2015 AGF third quarter and year-end financial statements were unreliable and lacked an adequate audit trail,” according to the IG’s report stated.
The accounting errors and manipulated numbers, though obviously problems in their own right, highlight a far greater problem for the Defense Department than only bad recording keeping and wasteful spending habits. In reality, they are a representation of the poor decision making, and lack of oversight and accountability that plague our nation’s government as a whole.
While the Department of Defense can’t account for $6.5 trillion dollars of taxpayer funds, in 2014 there were 47 million people, including over 15 million children, living in poverty in the U.S. – %15 of the U.S. population, which is the largest total number in poverty since records began being kept 52 years ago.
Please share this story if you are appalled by the fact that there are Americans that are homeless and hungry, including U.S. combat veterans — while the government is unable to account for $6.5 trillion dollars of taxpayer money.
Through CLINTON /BUSH other developed nations with national health care were looking at the US and saying ----WHY ARE US CITIZENS ALLOWING THIS? Of course this 2008 economic crash from massive Wall Street fraud was designed to PRETEND to need austerity to dismantle those nations' strong public health because -----it gave developed nations more quality of life and that was unfair to developed nations tied to International Economic Zones.
Below you see the reason why US health care was allowed to deteriorate these few decades of CLINTON/BUSH/OBAMA---this World Health goal of PREVENTATIVE PRIMARY CARE----SOUND FAMILIAR? Indeed, Obama and Clinton neo-liberals with Republicans---this is their term---UNIVERSAL CARE/HEALTH CARE FOR ALL-----dismantled our developed nation health care to third world level. Meanwhile, Trans Pacific Trade Pact with its PUBLIC HEALTH POLICIES----has access to health care and PHARMA in developing nations hit hard. TPP kills this very PRIMARY CARE HEALTH CARE FOR ALL structure as it will our US health care structure.
'The ultimate goal of primary health care is better health for all. WHO has identified five key elements to achieving that goal:
reducing exclusion and social disparities in health (universal coverage reforms);
organizing health services around people's needs and expectations (service delivery reforms);
integrating health into all sectors (public policy reforms);
pursuing collaborative models of policy dialogue (leadership reforms); and
increasing stakeholder participation'.
This is what our national labor union and national justice organizations with Clinton/Obama leadership have been working on these few decades with Wall Street-----THE WALL STREET BALTIMORE DEVELOPMENT 'labor and justice' organizations----these leaders know where this is going. Public/private union health benefit plans----our strong Medicare----all fleeced just to move US citizens to ONE WORLD PREVENTATIVE CARE.
Jun 16, 2014 @ 10:55 PM 329,125 views The Little Black Book of Billionaire SecretsU.S. Healthcare Ranked Dead Last Compared To 10 Other Countries
Dan Munro ,
I write about the intersection of healthcare innovation and policy.
Opinions expressed by Forbes Contributors are their own.
Earlier this year, Cadillac ran a controversial TV ad that first aired during the opening ceremonies of the 2014 Winter Olympics. It was called “Poolside” and featured actor Neal McDonough extolling America’s work ethic over other countries — specifically France.
Turns out that many of those “other countries” (including France) score better than the U.S. in one key metric not included in Cadillac’s TV spot — healthcare. At least that’s according to The Commonwealth Fund in their latest report “Mirror, Mirror On The Wall — 2014 Update” (pdf here).
For this year’s survey on overall health care, The Commonwealth Fund ranked the U.S. dead last .
1. United Kingdom
5. Germany & Netherlands (tied)
7. New Zealand & Norway (tied)