A Medicaid Swindle: New York’s Taxpayer Rip-Off Exposed
4th March 2026
In a betrayal of trust that has siphoned billions from American taxpayers, New York state officials were accused of gaming the Medicaid system for decades — forcing hospitals to fund their own federal matches in a scheme that authorities under President Donald Trump are none too pleased with.
Dr. Mehmet Oz, head of the U.S. Centers for Medicare and Medicaid Services, on Tuesday fired off a scathing letter to New York Gov. Kathy Hochul, obtained by Newsmax, demanding answers to 50 questions about the state’s bloated $124 billion Medicaid program.
Oz painted a picture of rampant waste, fraud, and abuse, noting that New York spends a staggering $12,528 per beneficiary — 36% above the national average — and nearly 80% more per resident than any other state.