Medicare Insurers Took $9.2 Billion In Federal Payments In One Year Via Controversial Billing Practices : By Derek Baine : Hands to Help Seniors
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Medicare Insurers Took $9.2 Billion In Federal Payments In One Year Via Controversial Billing Practices : By Derek Baine

by Richard Kuehn on 10/26/21

There seems to be no end to the tricks insurers will come up with in order to suck more money out of Medicare.  According to the findings of the Office of Inspector General of the Department of Health and Human Services, it analyzed 20 companies and investigators found that one received about 40% of the questionable payments, or $3.7 billion, while enrolling only 22% of Medicare Advantage customers.  It wouldn’t name the company, but BMO Capital Market looked at federal data and showed that the enrollment share closely matches UnitedHealth Group Inc. during the period the investors looked at. 

https://www.wsj.com/articles/most-of-9-2-billion-in-questionable-medicare-payments-went-to-20-insurers-federal-investigators-say-11632303001

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