The Healthcare Scam: Frauds Worth Hundreds and Thousands of Millions

.

The Healthcare Scam: Frauds Worth Hundreds and Thousands of Millions

Health care providers are trusted worldwide. According to a report released on October 4, 2012 by Chuck Buck, publisher of the RACmonitor, following a flounce over seven U. S. cities by the Medicare Fraud Strike Force, 91 health-care providers have been caught for allegedly participating in Medicare fraud schemes. A total of $429.2 million by the way of false billing has been made.

The investigation was carried out on the orders of Attorney General Eric Holder and Health and Human Services (HHS) Secretary Kathleen Sebelius, Inspector General Daniel R. Levinson of the HHS Office of Inspector General
(HHS-OIG), and few others.

As soon as the indictments were exposed all over the country, a number of individuals have been arrested. Some even surrendered, as said in an OIG news release.

As a penalty, more than $230 million has been charged for the home health-care fraud. As far as mental health-care is concerned, more than $100 million has been charged and a minimum of $49 million in regard of ambulance transportation fraud has been penalized. Several other frauds were included in this major scam; each one of them has been charged worth millions.

According to one of the provisions of the Affordable Care Act, unless this investigation reaches its conclusion, HHS can even suspend the payments to healthcare providers. Against 30 health care-providers, HHS has already passed suspension orders.

 


Latest News

New Measures Introduced by China to Boost Economy Fail to Bring Long-lasting Con
Overwhelming ‘No’ vote by Greeks Make the Nation’s Future Uncertain
CPUC Votes Unanimously to Support a Revised Version of Electricity Pricing
It’s Quite Likely that Greek Bank Customers have to Bear More Financial Pain
JetBlue Starts Weekly Charter Flights to Havana from  New York
Californians Will Face Changes in Electricity Bill as PUC Gets Ready to Vote on
Increase in the Number of U.S. Oil Drilling Rigs Break the 29 Week Successive De
Though Employers Hire at Steady Rate Wages Remain Flat
Aetna Acquiring Medicare Insurer Humana for $37 Billion in Cash and Stock Combin
New Financial Worries Leave Greece Divided
Airlines Next on The Probe List of Justice Department’s Antitrust Division
Shutting Down the Wrong Engine Led to Crash of TransAsia Flight GE235 in Taiwan