Medicaid Financial Management: Better Oversight of State Claims for Federal Reimbursement Needed (GAO-02-706T)

June 2002General Accounting Office Medicaid Financial Management: Better Oversight of State Claims for Federal Reimbursement Needed (GAO-02-706T)The Medicaid program served 33.4 million low-income families as well as elderly, blind, and disabled persons at a cost of $119 billion to the federal government and $88 billion to the states in fiscal year 2000. States are responsible for safeguarding Medicaid funds by making proper payments to providers, recovering misspent funds, and accurately reporting costs for federal reimbursement. At the federal level, the Centers for Medicare and Medicaid Services (CMS) is responsible for overseeing state financial activities and . . .