NY’s monster, $124B taxpayer-funded Medicaid program riddled with fraud, waste: US regulator Dr. Oz

New York’s mind-boggling $124 billion taxpayer-funded Medicaid program is riddled with fraud and waste, US regulator Dr. Mehmet Oz said Sunday — and dogged federal investigators are digging into it.

“In the beautiful city of New York and surrounding New York state, we know that there are a lot of people who are providing services that we don’t think are legitimate, that are costing the taxpayers a lot of money,” said Oz, who heads the US Center for Medicare and Medicaid Services, on 77 WABC’s “Cats Roundtable” program.

“That ends up not only hurting taxpayers, but it hurts the actual people who are vulnerable. … who need these services,” he told host John Catsimatidis…

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