Professor Elam

Sept 7. 2016

I can't think of a better place to start than learning all about health care, Medicare, Medicaid.

Arecent GAO audit found 50 dead people who recovered $9.8 M after they died.

Large programs like this are a treasure trove for fraudsters. The programs are so large that the fraudster knows there is little likelihood of being caught.

And with an aging population expect attempted frauds to grow. Health and Human Services registers an 11..5% fail rate. School lunches have a 15.7% fail and Earned Income Tax Credit EIC a shopping 23.8%.

As I say in class there are lots of opportunities for Internal Auditors.