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Author: Subject: How to commit Medicare fraud
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[*] Post 406262 posted on 26-3-2010 at 02:12 Reply With Quote
How to commit Medicare fraud

A TV program showed how it is done.

There used to be many, many small-town pharmacies in the U.S., years ago. Now, chain pharmacies (Walgreen, CVS, Rexall, and others) have displaced most of them.

So, a person wishing to make lots of money can approach a retired small-town pharmacist and buy his license and records. Since he is getting no use out of it, and the drugstore has been closed for a decade or more, it is worth nothing to him to keep it; an offer as little as $100 would be complete profit.

Now, as owner of a licensed pharmacy, the new man starts generating paperwork by which to bill the government for fake orders for drugs and other medical needs covered by Medicare. The names, addresses, etc. are all found in the previous pharmacy records.

Fill out a few thousand reimbursement forms, each for a few hundred dollars, and you have a pretty good profit.

There are said to be thousands of such pharmacies in Florida. The U.S. Attorney's Office has 270 attorneys. The chief of the office says he could assign ALL of them to work full time on Medicare fraud cases, there are so many. (Of course, there are actually other crimes, so they get further and further behind.)
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[*] Post 406270 posted on 26-3-2010 at 08:06 Reply With Quote

This is a good example of the lack of proper regulation and control that seems to be prolific in America, there appears to be a culture of corruption that would be more likely to be found in a third world country.

I am thankful that I don't live there.
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[*] Post 406275 posted on 26-3-2010 at 11:03 Reply With Quote

American fraud? I thought you were all so religious as well.
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