Thursday, January 5, 2012

DoJ Recovers Billions from Health Care Fraud Cases

The False Claims Act proved its effectiveness once again.  Last year DoJ recovered a record amount of money in health care fraud cases.  While this is real money, it's still a very small percentage of the amount of money stolen through fraud.  We are recovering pennies on the dollar.  Most experts estimate that health care fraud amounts to at least $100 Billion per year (probably even more).  So collecting $3 or $4 Billion out of a fraud pot of $100 Billion is chump change.  We have a lot of work to do in order to protect taxpayers. 

Listen to the story below.

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