4 ms·
Just a quick looks suggests it is a big issue. Hard to get firm estimates (presumably because we only know about the people who get caught) but one estimate ha
by andrewlgood 5y ago
Just a quick looks suggests it is a big issue. Hard to get firm estimates (presumably because we only know about the people who get caught) but one estimate has it at 7% of total expenditures of $700 billion which puts it at around $49 billion / year.
https://safeatlast.co/blog/medicare-fraud-statistics/ https://safeatlast.co/blog/medicare-fraud-statistics/
- jatone 5y agowhich is less than the fraud in private insurance industry, which is 10%. https://www.propublica.org/article/we-asked-prosecutors-if-health-insurance-companies-care-about-fraud-they-laughed-at-us https://www.propublica.org/article/we-asked-prosecutors-if-h...