How does healthcare fraud affect the public?
How does healthcare fraud affect the public?
Submitted by Robin Mathias on Mon, 09/22/2003 - 12:00pm. Fraud FAQ and QuotesWe all pay for healthcare fraud. People who commit healthcare fraud are stealing from you and me. Insurance fraud inflates premiums at least 10%. Doctors, hospitals and other healthcare providers who defraud Medicaid take our tax dollars away from important services like education and health coverage for children. At least 8% of Medicare spending (over $12 billion per year) is wasted through fraud and other improper payments—money that could be spent on prescription drug benefits. See Fraud Control Under-Funded
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