Widespread Medicare Fraud Increases The Cost Of Healthcare In The U.S.

by Long Island Attorney Paul A. Lauto, Esq.

One of the many reasons for the high cost of healthcare in the U.S., is the widespread problem with Medicare fraud.  Case and point is the recent sweep in which almost 91 people including doctors, nurses and other medical professionals, were criminally charged with fraud.  The government raid uncovered fraud in the amount of $430 million in seven cities across the country, including Brooklyn, NY.

Medicare is a $590 billion dollar program that serves almost 50 million people, and is a siren for fraud.  The three year long investigation is part of the Obama Administration's efforts to find savings in healthcare, which was a main focus of the first presidential debate.  Although this was one off the biggest fraud busts in years, it barely makes a dent in the estimated $80 billion in Medicare fraud every year.  

Read more in our latest Scales of Justice blog at http://www.liattorney.com.