Saturday, February 8, 2014

Fraud Within Medicare and Medicaid



Medicare fraud is estimated to be over $60 billion each year. Widespread criminal operations go mostly unchecked because of poor government oversight. Criminality employs use of dead doctor reports, fake patients and non-existent treatments.  Practices involve billing for nonexistent or unnecessary services, kickbacks and inflated costs.

With all this, how is the government going to undertake a massive health insurance plan that will entail one sixth of our entire economy? (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter

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