Posts Tagged - ‘fraud’

Post border

Healthcare Reform Strengthens Fraud Prevention

Friday, May 14th, 2010

Image: CafeHealthcare

Health care fraud is a serious issue. It costs the American healthcare system billions of years annually. That’s why the recently passed health insurance law takes steps to further prevent and prosecute it, including:

  • $300 million in funding over the next decade for the Department of Health and Human Services and Justice Department for stronger enforcement.
  • Greater oversight authority over Medicare and Medicaid participants to protect against fraud
  • Longer prison sentences for criminal medical fraud cases.

Last year, the federal government recovered $2.5 billion that was defrauded from the Medicare trust fund. Those overpayments are often passed onto private health insurance plans. Reducing fraud will give the Obama administration more leeway to enact reforms.

Post border
Post border

Tips: Beware of Health Insurance Reform Scams

Monday, April 26th, 2010

Image: ToastyKen under CC 3.0

Many people are using the healthcare reform law to sell products and services. Unfortunately, some are using scare tactics to scam consumers out of their hard-earned money.

Here are some tips to avoid being ripped off:

  • If anyone calls you and claims that they are a government employee collecting payment for an Obamacare health insurance plan, don’t give them any information. The federal government will not be collecting premiums directly.
  • There is no such thing as coverage against “death panels”. However, telemarketers are attempting to sell that non-existent coverage.
  • Make sure that you are speaking with a licensed health insurance agent before giving out any bank account information, either over the phone or in person.
  • If rates seem too good to be true, they probably are. $30 a month plans are extremely rare.
  • Do not buy coverage from an anonymous fax. Most of them list no company information.

States are increasingly investigating health insurance fraud. Be careful out there!

Post border