Medicare fraud

>>> show." it's the same old story. in an effort to cut spending, republicans want to raise the medicare eligibility age. currently the minimum wage is 65 years old. now if republicans had their way, they would push it to 67 years old, two additional years could really devastate seniors. 270,000 seniors would become uninsured. the solution to our budgetary problem isn't cutting benefits and breaking a promise made to our seniors. we need to cut down on the rampant fraud. you might be surprised to learn just who is ripping off the government these days.

>> imagine one scooter or power chair that could improve your mobility and your life. one medicare benefit that with private insurance may entitle you to pay little to nothing to own it. one company that can make it all happen.

>> your power chair will be paid in full .

>> the scooter store.

>> oh, the ol' scooter store. they've spent years convincing patients to buy motorized wheelchairs, telling them the government will pick up the bill, not a problem. but former employees told cbs news the company's strategy was to bulldoze doctors into writing prescriptions so people would get the chairs whether they needed them or not? well, on wednesday, federal and state agents paid a little visit to the scooter store, raided the joint headquarters in an alleged fraud investigation. the inspector general of hhs released a report finding that industry-wide, 80% of medicare payments for power chairs, they are made in error. now, you see from 2009 to 2012 , government auditors found that the scooter store overbilled medicare by as much as $108 million. it's estimated that medicare fraud costs taxpayers an estimated $60 billion to $90 million each year. the obama administration has made it a top priority to cut down on health care fraud. for every dollar spent on investigating health care fraud the past three years, the government has recovered $7.90. when republicans tell you that gutting medicare benefits is the only way to cut spending, make sure you remind them about the ol' scooter store, and tell them to crack down on the waste, fraud, and abuse before they come after seniors.

>>> i would say balderdash. it's untrue, unfair, dishonest, disingenuous. the president is making stuff up.

>> up next, the big panel on the sequester truthers coming out of the woodwork and the sequester scare from ted cruise.

>>> and the bail decision in the blade runner trial.

>>> and then there is the other oscar. 48 hours until hollywood's biggest night. i'll tell you who should be taking