The United States General Accounting Office estimates that the amount of fraud in unemployment insurance programs during the COVID-19 pandemic is likely between $100-$135 Billion. GAO says that the full amount of the fraud during the pandemic will likely never be known. Unemployment insurance overpayment happens when individuals receive benefits to which they are not entitled.
Based on the most recent data available, as of May 1, 2023, states have reported identifying about $55.8 billion in established fraudulent and nonfraudulent overpayments across all UI programs from March 2020—the beginning of the pandemic—through March 2023. States also reported recoveries of about $6.8 billion, which is approximately 12 percent of overpayments identified during the same period. All identified overpayments are reported during the period in which they are established, and recovered funds are reported as they are collected. However, recoveries can take many years to collect, and states can modify recovery figures daily, which makes comparisons between
overpayments and recoveries difficult.58 Figure 4 illustrates the total amount of UI overpayments and recoveries that states reported for this period. Here is the fill report: https://bloximages.newyork1.vip.townnews.com/themountaineer.com/content/tncms/assets/v3/editorial/9/9c/99cf1d29-9f41-5aed-b4fa-1762273d2119/6500a74c008de.pdf.pdf
JEFFREY NEWMAN IS A WHISTLEBLOWER ATTORNEY WHO HANDLES CASES OF HEALTHCARE FRAUD AND HE CAN BE REACHED AT JEFF@JEFFNEWMANLAW.COM OR AT 617-823-3217.
