Comptroller report: Over $100M in improperly paid Medicaid funds saved

TRENTON –The Comptroller reported it has saved the state more than $100 million in improperly paid Medicaid funds over the past year.

Additionally, Matthew Boxer’s office reported it prevented $402 million in other potential Medicaid expenses.

“And our Audit Division once again identified tens of millions of dollars in projected public savings for taxpayers – and we saw our work from past fiscal years continue to benefit taxpayers as recommendations from previous audits resulted in the realization of tens of millions of dollars in additional savings,” Boxer said in a release today.

Also, according to Boxer, “We found New Jersey local governments could collectively save more than a hundred million dollars each year by opting for the state health plan over more costly private health insurance plans,” he wrote in a year-end report for fiscal year 2012.

The report also goes on to recount work the office did in connection with discovering waste and inefficiencies at the local level as well as the state level.

“On the local government level, our Procurement Division concluded on the basis of more than a thousand contract reviews that a series of fatal flaws had essentially rendered New Jersey’s Pay-to-Play law meaningless in the effort to prevent local governments from steering contracts to politically favored vendors,” the report states.

 

Comptroller report: Over $100M in improperly paid Medicaid funds saved