Tuesday, December 21, 2010

ObamaCare adds $350 million to funds for healthcare fraud investigations

US Attorney General Eric Holder has noted that the government has recovered $4 billion in fraud in Massachusetts over the past two years. The recoveries are based on fraud that was perpetrated nationwide – for example, the government settled with Pfizer over numerous off-label and kickback allegations last year for $2.3 billion dollars.

Progress is certainly being made, and all efforts will be needed to combat what is currently estimated to be a $54 billion dollar problem – waste and abuse caused by fraudsters to the Medicaid and Medicare programs annually. ObamaCare will add $350 million to get new fraud fighting tools and resources - a welcome help in a large battle.

Read the excellent Associated Press article by Glen Johnson here

Click here to learn how to help Stop Government Fraud

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