This is about people's lives and our culture, our shared values that have allowed these beautiful programs, Medicare and Medicaid to survive brilliantly for 60 years. We believe. Listen carefully. We are spending $300 billion a year in healthcare in this country for fraudulent, abusive or wasteful purposes. $300 billion. Let's put that in perspective. If we could reduce fraud by 5%, which is at $300 billion, we would take the trust fund that's going to take care … (06:24–06:34)
CLAIM
Asserts that $300 billion is spent annually on fraudulent, abusive, or wasteful healthcare purposes.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
