ms. daly. i want to -- >> i want to thank you for the opportunity to be here today to discuss improper payments in the medicare. in 2010, medicare covered 47 million elderly and disabled beneficiaries and had an outlay of about $516 billion, one of the largest federal programs. it consists of four parts, a and b, fee-for-service, part c which is advantage, and part d, prescription coverage. it is any payments that should not have been made, an incredible amount, overpayments, or underpayment. for 2010, hhs reported an estimate of almost $48 billion of improper payments. this was attributable just to medicare fee-for-service and medicare advantage. from a government-my perspective, the medicare program represents 38% of the $125 billion in estimated improper payments reported by the 70 programs. hhs estimated improper payments is incomplete because it has yet to report a comprehensive improper payment rate for the prescription drug program. as ms. snyder indicated, hhs is going to release a comp