Most of $9.2 Billion in Questionable Medicare Payments Went to 20 Insurers, Federal Investigators Say

This article from Wall Street Jorunal produced by Anna Wilde Mathews

Medicare insurers drew $9.2 billion in federal payments in one year through controversial billing practices, with 20 companies benefiting disproportionately and together accounting for more than half of the total, according to federal health investigators.

The findings by the Office of Inspector General of the Department of Health and Human Services are the latest sign of growing scrutiny of Medicare Advantage insurers, which offer private plans under the federal benefit program.

The inspector general’s report focuses on certain procedures used by insurers to document health conditions, which helps determine how much they are paid. The investigators said the findings raise concerns that insurers might

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Source: https://www.wsj.com/articles/global-stock-markets-dow-update-09-22-2021-11632296835?mod=hp_lead_pos1

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