Medicaid Fraud Is Extremely Common And Costs The Government And Tax Payers Many Billions Of Greenbacks Annually

By alberttorressmt | January 29, 2012

Medicaid fraud is an all too common crime that is committed and costs the govt and tax payers billions of dollars each and every year. It was originally introduced by the govt. in 1965 as a part of existing social security legislation by the then President Lyndon B. Johnson and was devised to help lower income/low asset people who require medical help.

In 2010 the Kaiser Commission produced a report of Medicaid and the uninsured, and observations were that more than twenty-nine million kids with 15 million adults are insured under the scheme.

It is obviously a good system that allows folks to be treated for diseases and hospitalization without having to fret about the monetary implications of their treatment. However for all the fair and needy individuals that benefit from Medicaid, there are many thousands of underhand folk who abuse it.

Reporting Fraud- Medicaid Fraud

Executives who provide Medicaid services can be either one individual, a collective group of people or indeed a health care facility, all of whom will supply medical services to Medicaid patients. Providers can include, but are not restricted to, doctors, dentists, podiatrists, licensed professional advisors like psychiatric experts, medical equipment suppliers, ambulance companies, day clinics, nursing houses and case management centres.

The usual case eventuality is that when the pro has treated a Medicaid patient then they bill the state Medicaid programme. However what frequently happens is that unscrupulous execs or pro bodies will seek additional compensation for all of the following:

  • Billing for patients that do not exist, or other pros patients
  • Billing for services that they did not essentially provide
  • Billing for testing or treatment that may have been deemed unnecessar
  • Billing for any medical service that has been offered by an unauthorized person
  • Over billing for supposed lengthy treatments which in truth, were over relatively quickly
  • Making the Medicaid patient overpay for treatment that was a part of the approved co-payment services
  • Accepting bribes or kickbacks for referrals.

Are you acquainted with the Medicaid fraud? Were you aware that this type of fraud can cause uncountable billions of greenbacks for the taxpayers? Read on the article of Eivest Roberts about the Medicaid fraud and the importance of IRS whistleblower.

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