New Government Report: Health Care Fraud and Abuse Control Program: Annual Report for Fiscal Year 2009 (ISBN: 9781437935172)
Health Care Fraud and Abuse Control Program: Annual Report for Fiscal Year 2009 (ISBN: 9781437935172)
By Daniel R. Levinson
(Paperback, 69 pages, 2010, $25)
Every year, billions of taxpayer dollars intended to provide health care to Americans are stolen by fraudulent schemes. Combined federal and state spending on Medicaid and Medicare is projected to exceed $800 billion per year in 2010. Estimates project fraud consumes 3 to 10 percent of total spending. That’s $27 billion to $80 billion in 2010 alone, if left unchecked, Virginia’s Daily Press reports.
During Fiscal Year 2009, the Federal Government won or negotiated approximately $1.63 billion in judgments and settlements, and it attained additional administration impositions in health care fraud cases and proceedings. The Medicare Trust Fund received transfers of approximately $2.51 billion during this period as a result of these efforts, as well as those of preceding years, in addition to over $441 million in Federal Medicaid money similarly transferred separately to the Treasury as a result of these efforts. The Health Care Fraud and Abuse Control Program account has returned over $15.6 billion to the Medicare Trust Fund since the inception of the Program in 1997. In Fiscal Year 2009, U.S. Attorneys’ Offices opened 1,014 new criminal health care fraud investigations involving 1,786 defendants. Illustrations.
Entry filed under: New Government Reports. Tags: abuse, crime, criminals, federal, felonies, felony, fraud, government, health care, health care fraud and abuse control program, judgments, medicaid, medicare, medicare trust fund, report, settlements, treasury, u.s. attorney, united states attorney.