Quote:
Originally Posted by retiredguy123
I mostly agree, but paying bonuses to employees will be wasting even more money. Medicare fraud and abuse are so rampant, that reporting it will do nothing. The people in charge know it exists, but they just don't care. I laugh every time I see a TV ad asking for the public to report Medicare fraud. This is just a publicity stunt to make people think the Government is trying to reduce fraud. If you report it, they already know about it, but they have no way to stop it anyway.
|
These numbers are out of date, about 15 years ago, but at the time Medicare budget was $600 billion/year, fraud was estimated at $8 billion/year and the government was spending $12 billion/year to fight it, without success. If that were a private company and you were CEO, what would you do????
The sad part is that it should have only cost 1% of that to find the frauds----just print out a list of the highest Medicare billers that are not institutions and start there. Number one on the list was a Florida solo cardiologist who billed $55 million in one year. Who thinks that was legitimate?????
Really want to cut healthcare cost? Eliminate the continuing practice of defensive medicine that costs over $1 TRILLION/ year by eliminating runaway jury malpractice verdicts (or killing all the lawyers
)