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June
3, 2003
Two
New Studies:
Fraud
Recovery Under Medicare
Returns Nine To One on Investment
Dollars
Recovered From Medicaid Fraud
Far Behind Those Recouped Under Medicare
WASHINGTON,
D.C. - Medicare fraud recoveries are more than 20
times greater than Medicaid fraud recoveries,
according to a study released today that urges
federal and state agencies to redouble their
efforts to combat Medicaid fraud.
The study finds that federal Medicaid fraud
collections totaled only $43 million in 2001,
while total Medicare collections were more than
$1 billion. "With so many states under
pressure to cut back their Medicaid programs
because of budget constraints, we can and should
do more to take back every dollar possible from
those who defraud Medicaid," said study
author Andy Schneider, J.D., principal of
Medicaid Policy, LLC. "The False Claims Act
provides us with an effective way to do
that."
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