Last Sunday night, CBS’s “60 Minutes” ran a not-to-be-missed expose of something that the Center for Health Transformation has been warning about for months: The unbelievable amount of fraud taxpayers are footing the bill for in the Medicare and Medicaid programs.

“60 Minutes” estimates that an amazing $90 billion in spending on these programs each year is due to fraud. You need to see the whole thing – it gets really interesting at minute 8.

Click to see the video: 60 Minutes on Medicare Fraud