Both Tennessee and federal officials are serious about cutting down on health insurance and Medicare fraud. This is one of the reasons why they urge consumers to be on the lookout for health care scams. There are certain steps that you should take as a medical professional or biller to make sure that you don't end up on the wrong side of the law.
Health insurance fraud costs Tennessee residents a lot of money because they end up paying for it through higher healthcare expenses and insurance premiums. Both healthcare workers and scammers are offenders of this type of fraud, and along with paying more, some victims also face harm due to this deceit.
The federal Medicare program provides benefits to patients and health care providers in Tennessee by making medical care more affordable and accessible. However, some criminals target this government program when they are planning health care fraud schemes. When Medicare fraud occurs, there may be several consequences to providers and patients. Understanding the warning signs may help you recognize and report suspicious activity to the proper authorities.
In 2016, many people in Tennessee were shocked to hear reports regarding hundreds of millions of dollars in health care fraud. At the time, CNN reported that hundreds of people in America would face charges of Medicare fraud that totaled $900 million. One Florida owner of several clinics faced charges for $8 million in Medicare fraud, while a doctor in Texas also faced charges.
Medicare fraud is quite a common occurrence in Tennessee and throughout the country. This can put patients' health at risk, and it also costs taxpayers a lot of money. Many different parties can commit this type of fraud and, if caught, the penalties can be severe.