Monday, August 4, 2008

Millions of Medicare Dollars at Risk

Did you know that the government is putting millions of Medicare dollars at risk by authorizing fictitious sellers of wheelchairs, prosthetics and other medical supplies to submit reimbursement claims with only a limited review? Congressional investigators have discovered this. We keep hearing about the bad claims and millions spent wrongly. What kind of people do they hire that they do such a bad job of policing the claims? If I had done that in my job, I would have been fired years ago. Can you believe that roughly $1 billion of the $10 billion in annual Medicare payments were made for medical equipment later deemed improper? The investigation found that the Centers for Medicare and Medicaid Services approved two companies in the past year for Medicare billing privileges that the GAO had set up as sham businesses. The companies did not have clients or medical inventory to supply prospective Medicare patients. This really makes me mad!!! Taxpayer money is being thrown out the window or might just as well have been.

No comments: