Authored by Sylvia Xu via The Epoch Times(emphasis ours),
Dr. Mehmet Oz launched a federal investigation into New York’s Medicaid program on March 3, citing the unusual spending trend in the state.
“Heart surgeons are trained to look at the numbers.When something doesn’t add up, you don’t ignore it; you investigate,” Oz, administrator of the Centers for Medicare and Medicaid Services and a former heart surgeon, said in avideoposted on X.
“Right now, the numbers coming out of New York’s Medicaid program don’t add up,” he said.
New York far outspends other states on its Medicaid program, both on a statewide and per beneficiary basis, according to Oz’sletterto New York Gov. Kathy Hochul.
New York’s Medicaid program spends more than $90 billion a year, the second-highest total in the nation, Oz said.That’s roughly 10 percent of the nation’s $900 billion in Medicaid spending for 2024.
New York’s average spending on each beneficiary is more than $12,500, which is 36 percent higher than the national average. The state’s per-resident spending is the highest in the country, nearly 80 percent higher than the national average.
As of January, about one-third of New Yorkers—6.7 million individuals—have enrolled in Medicaid.
That is nearly 14 percentage points higher than the national average of 20 percent Medicaid enrollment, according to November data from the federal government.
“That alone demands scrutiny, but it gets worse,” Oz said in the video.
Source: ZeroHedge News
