Insurers Pocketed $50 Billion From Medicare for Diseases No Doctor Treated

Summary:

  1. A Wall Street Journal analysis found that Medicare Advantage insurers received $50 billion for questionable diagnoses from 2018 to 2021.
  2. Patients were often unaware of incorrect diagnoses like diabetic cataracts and HIV, leading to higher Medicare payments.
  3. The Centers for Medicare and Medicaid Services plan to implement changes to ensure proper use of taxpayer funds.

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The system, like many are set for the ones in control. Awesome post!

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