Jul 8, 02:58 AM

WSJ: Insurers Collect $50 Billion Extra from Medicare; 4 Arizonans Bilk $600M

Insurers have collected $50 billion extra from Medicare by making questionable diagnoses, often without the knowledge of patients or their doctors, according to WSJ. This practice has raised concerns about the integrity of Medicare billing and the potential for widespread fraud. Additionally, enhanced Obamacare subsidies are encouraging fraudulent claims, with over 50% of enrollees reporting questionable incomes. In a related issue, four Arizonans were found to have bilked Medicare of $600 million in a wound-care scheme, feds say.

#Medicare #WSJ #Obamacare

Written with ChatGPT (GPT-4o).