THE LAST TIME I READ ABOUT MEDICARE FRAUD...

the total amount was estimated to be about $50-60 Billion.    A new study raises that to $75 Billion and includes several other areas where the program could be improved:

Report: US health care system wastes $750B a year
By RICARDO ALONSO-ZALDIVAR | Associated Press – 58 mins ago

WASHINGTON (AP) — The U.S. health care system squanders $750 billion a year — roughly 30 cents of every medical dollar — through unneeded care, byzantine paperwork, fraud and other waste, the influential Institute of Medicine said Thursday in a report that ties directly into the presidential campaign.

More than 18 months in the making, the report identified six major areas of waste: unnecessary services ($210 billion annually); inefficient delivery of care ($130 billion); excess administrative costs ($190 billion); inflated prices ($105 billion); prevention failures ($55 billion), and fraud ($75 billion). Adjusting for some overlap among the categories, the panel settled on an estimate of $750 billion.