Last week, the United States government filed a lawsuit against UnitedHealth Group for allegedly over-billing the Medicare system over $1 Billion.
An article published yesterday highlights some of the key components of the lawsuit.
If these allegations are accurate (or directionally accurate), this is very concerning considering the Medicare program continues to struggle to remain financially stable. As documented in the Medicare Trustees Report from 2016. the Medicare Hospital Insurance fund is estimated to be depleted by 2028 if no changes are made to the Medicare system. For a $600B+/year Medicare program, $1B in potential fraud would not significantly move the needle, but it's still potentially $1B paid by taxpayers that should not have been paid.
I suspect the case could take several years to process, but I am looking forward to hearing the outcome, and hope this sends a message to all involved in the Medicare system to do things correctly going forward.
See bio here