123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Insurance >> View Article

Congressional Panel Once Again Reviewing Medicare Fraud

Profile Picture
By Author: Georges Baxter
Total Articles: 15
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

A recent Medicare report, “Program Remains at High Risk Because of Continuing Management Challenges,” found the federal government made about $48 billion in improper payments for Medicare and Medicare Advantage in fiscal year 2010. This doesn’t even include improper payments made through the Medicare Part D prescription drug benefit.

“The average citizen under the age of 65 keeps asking if there is going to be a Medicare program in place for them,” suggests Alan Weinstock an insurance broker at MedicareSupplementPlans.com. “It’s easy to understand why they might be skeptical and just a little fearful that they are paying into a system that will not pay them back.”

Government Accountability Office Delivers Report

The Medicare report delivered by the Government Accountability Office (GAO) indicates that the Medicare program is on a path that is “fiscally unsustainable over the long term.” The need for reform is evident. The desire to “achieve efficiency and savings” as well as “to improve its management, program integrity, and oversight of patient care and safety” is in the best ...
... interest of all concerned.

With that in mind the GAO made these suggestions:

1. Reform and refine payments. The report indicates that the Center for Medicare and Medicare Services (CMS)
has to implement reforms for Medicare Advantage, inpatient, and other services. However, more is waiting to be done.

2. Improve program management. The most recent step in improvement is through CMS’s new Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) Competitive Bidding Program. However, CMS still lacks program internal control over its management of contracts which has resulted in an increased risk of improper payments.

3. Enhance program integrity. Looking to curb overpayments for recoupment, CMS has implemented a national Recovery Audit Contractors (RAC) program. This program also is designed to set performance measures to reduce improper payments, establish regulations to tighten provider enrollment, and to create a Center for Program Integrity.

4. Oversee patient care and safety. Nursing home care has been under scrutiny in recent years; however, there is a fear that quality problems may be understated due to weaknesses in survey methodology. CMS is working to implement changes.

Ultimately, the GAO feels that the CMS needs to reform and refine Medicare’s payment methods to achieve efficiency and savings, and to improve its management, program integrity, and oversight of patient care and safety.

The GAO Indicates More Needs to be Done

According to the GAO, CMS has not met their criteria for removing Medicare from the High-Risk List. CMS needs a plan with clear measures and benchmarks for reducing Medicare’s risk for improper payments, inefficient payment methods, and issues in program management and patient care and safety.

The GAO suggests the CMS take these actions:

5. Implement an effective system for physician profiling

6. Manage payments for services more efficiently

7. Develop policies to improve oversight of program contracts

8. Review specific claims for services with high rates of improper billing

9. Supervise nursing homes with serious care problems

In the end, it will be up to CMS to develop an appropriate corrective action process to address vulnerabilities to improper payments that lead to Medicare fraud.

Medigap insurance can give what the original Medicare Supplement cannot and this is a very effective advantage of the Medigap insurance California.

Total Views: 326Word Count: 525See All articles From Author

Add Comment

Insurance Articles

1. Reducing Snf Claim Denials: Common Errors And Preventive Auditing
Author: 247 medical billing

2. The Cost Of Replacing A Clarinet Vs. Having Insurance Coverage
Author: musicinstrumentsins

3. Why String Instrument Owners Should Consider Specialized Insurance?
Author: victor12johnson

4. Wound Care Denials: How To Handle Appeals & Resubmissions Effectively
Author: 247 medical billing

5. The Best Health Insurance Plans In The Uk: A Comprehensive Guide For 2025
Author: Financeadvisors

6. Cpt Code 99204: Best Practices For Billing New Patient Office Visits
Author: 247 medical billing

7. Telehealth Billing For Nutrition Therapy: Correct Modifier Usage Explained
Author: 247 medical billing

8. Orchestra Insurance Vs. Individual Musician Coverage: What’s The Difference?
Author: micheljordan4

9. What Services A Music Insurance Company Usually Offers?
Author: victor12johnson

10. Common Risks Covered Under Instrument Coverage Policies
Author: micheljordan4

11. Steps To Choose The Right Music Teacher Insurance Policy
Author: musicinstrumentsins

12. Top Benefits Of Choosing Brass Musical Insurance
Author: victor12johnson

13. How Brokers Can Help You In Choosing The Best Health Insurance Plan
Author: Financeadvisors

14. Checklist While Buying Life Insurance Through An Intermediary
Author: Joffry Daniel

15. Overcoming Insurance & Reimbursement Barriers In Mental Health Practices
Author: 247 medical billing

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: