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By Russ Mitchell for Kaiser Health News Wonder why you can’t get a straight answer on how much a health care procedure will cost you? One big reason: State laws which allow hospitals and other providers to keep costs hidden until they send you the bill. A report card on price transparency released today gives 29 states an “F” and seven states a “D” for policies that keep patients and their families in the dark on prices. The failing grade …
The largest Medicare fraud bust in recent history has netted more than 100 people and an estimated $450 million in false billings, the Associated Press reports. The nationwide operation has been under investigation for several months, on suspicions of defrauding Medicare, Medicaid and other federal health programs.
Medicare officials are offering tips””and rewards””to beneficiaries for help fighting fraud. And legislation soon to be introduced in the U.S. Senate would let small businesses pool resources and assets with other small businesses to form multi-employer retirement plans.
More than $4 billion in health care fraud money was recovered in 2011, Justice Department officials announced yesterday.