Medical Bill Help: Protecting Yourself From Health Care Fraud

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It’s no secret that most Americans pay a lot for nearly any kind of medical care, but a close look at factors that are driving higher health care prices in the U.S. reveals more about why medical care is so expensive these days. One element that you may not think about is health care fraud and how it impacts you.
The Cost of Fraud
Reports from health care experts show that Americans may be paying up to $80 billion per year because of health care fraud. That’s out of 2 trillion dollars spent annually, including a federal Medicare program that is estimated to be worth about $450 billion, with 44 million beneficiaries on the books.
Government entitlement programs contribute quite a bit to the problem – not necessarily because of the programs themselves but because of the abuse by disreputable providers. Because of the unique reimbursement rules for these programs, …

Medical Bill Help: Protecting Yourself From Health Care Fraud

0 Comments

It’s no secret that most Americans pay a lot for nearly any kind of medical care, but a close look at factors that are driving higher health care prices in the U.S. reveals more about why medical care is so expensive these days. One element that you may not think about is health care fraud and how it impacts you.
The Cost of Fraud
Reports from health care experts show that Americans may be paying up to $80 billion per year because of health care fraud. That’s out of 2 trillion dollars spent annually, including a federal Medicare program that is estimated to be worth about $450 billion, with 44 million beneficiaries on the books.
Government entitlement programs contribute quite a bit to the problem – not necessarily because of the programs themselves but because of the abuse by disreputable providers. Because of the unique reimbursement rules for these programs, …