Seeking Alpha

Government recovers $4.3B from healthcare fraudsters

  • The government recouped a record $4.3B in FY 2013 from scammers that tried to defraud healthcare programs, a federal report says.
  • The amount exceeded the 2012 total by $100M and was more than double the sum recovered in 2008.
  • The ROI for the investigations was pretty good: the government brought in $8.10 for every $1 spent on investigations.
  • The increased hauls have been due to new powers that authorities received under the 2010 Affordable Care.
Comments (1)
  • wigit5
    , contributor
    Comments (4213) | Send Message
     
    Both sides should be happy about this, I know I am...
    26 Feb 2014, 09:28 AM Reply Like
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