This past Friday July 16 at a press conference in Miami Attorney General Eric Holder and Secretary of Health and Human Services Kathleen Sebelius announced that over 360 federal agents had raided the homes and offices of Medicare fraudsters accused of stealing over $251 million. Authorities say most of the thirty-six individuals arrested Friday...
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Every year, both seniors and the government lose quality health care and billions of dollars to corrupt providers. Medicare fraud isn’t new, but as the new health care reforms have passed, fraud has been in the spotlight. Medicare fraud affects everyone, from the government to seniors to taxpayers.
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Medicare fraud is among the most common types of health care fraud. The Obama administration has requested a funding increase in an effort to cut down the Medicare fraud. These efforts have been successful in the Miami area, which has the highest rates of both Medicare fraud and prosecutions.
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Many workers aged 65 and older are delaying retirement due to the economic state of our country, approximately 430,000 to be exact. This is a 45% increase from last year according to the Bureau of Labor statistics. Severe market losses are among one of the main reasons why seniors are continuing to work well...
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