From compounding pharmacy fraud to medical billing fraud, there has been a sharp increase in both the frequency and the variations of medical fraud cases recently. It is an issue that needs to be tackled more seriously, and with better awareness, by both the new government, as well as the potential victims of such scams.
To provide an idea regarding the serious nature of various medical fraud issues in America, a number of present and past stats can be referred to, as listed next:
$68 billion is a conservative estimation of how much healthcare frauds cost the US, as per the National Health Care Anti-Fraud Association
That is slightly less than 3% of the United States’ total health care spending (2.26 trillion) on an average.