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The Water Cooler
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Folks On Food Stamps Have Good & Expensive Tastes When it Comes to Food.
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<blockquote data-quote="Billybob" data-source="post: 1547932" data-attributes="member: 1294"><p>We should all be concerned about the bigger frauds, consider the $ amounts in the info below. </p><p></p><p></p><p>News Release</p><p>February 17, 2011 </p><p>Contact: HHS Press Office</p><p>(202) 690-6343</p><p>Medicare Fraud Strike Force Charges 111 Individuals for more than $225 Million in False Billing and Expands Operations to Two Additional Cities</p><p></p><p>Doctors, Nurses, Health Care Company Owners and Executives Among the Defendants Charged; Law Enforcement Agents Execute 16 Search Warrants</p><p></p><p><a href="http://www.hhs.gov/news/press/2011pres/02/20110217a.html" target="_blank">http://www.hhs.gov/news/press/2011pres/02/20110217a.html</a></p><p></p><p></p><p>DoJ Recovers $3 Billion in FY 2010 FCA Cases</p><p>The Department of Justice has announced that in FY 2010, the U.S. Government recovered $3 billion in False Claims Act settlements and judgments.</p><p>Of the $3 billion recovered, health care civil fraud recoveries accounted for $2.5 billion of the total (83 percent).</p><p>The $3 billion recovered under the federal False Claims Act is actually an underestimate of the total amount recovered, as DoJ data does not include criminal fines or state portions of Medicaid settlements in its calculations.</p><p>DoJ notes that most successful False Claims Act cases are brought to the government by whistleblowers, and that the False Claims Act remains "the federal government’s primary weapon in the battle against fraud."</p><p>Nov 22, 2010</p><p></p><p></p><p>Big Iraq Settlement on Horizon?</p><p>A $600 million Iraq war fraud settlement may be on the horizon. Kuwait's Public Warehousing Company (also known as Agility) appears to have told Kuwaiti newspaper Al-Qabas that the company expects to pay between $500 million and $600 million to settle a food-fraud case, provided the U.S. Government agrees to the terms. Jan 25, 2010</p><p></p><p></p><p>Fighting Healthcare Fraud:</p><p>Whistleblower Statute Returns</p><p>$15 for Every $1 Invested</p><p>A TAF report by economist Jack Meyer, concludes that every dollar invested by the U.S. Government in investigation and prosecution of federal health care fraud returns $15 back to the American people -- a phenomenal rate of direct return that does not factor in the benefits of fraud deterrence. August 2, 2006</p><p></p><p></p><p>Quest to Pay $241 Million</p><p>Quest Diagnostics says it has agreed to pay $241 million to resolve a California False Claims Act case alleging the company overbilled the state Medicaid program for diagnostic-testing. The Quest case is one of seven private medical lab cases brought by Chris Riedel, CEO of Hunter Laboratories, whose company refused to price-gouge. The other six defendant companies are: Health Line Clinical Labs; Westcliff Medical Labs; Physicians Immunodiagnostic Laboratory; Whitefield Medical Laboratory; Seacliff Diagnostics Medical Group, and; Laboratory Corporation of America. May 13, 2011</p><p></p><p></p><p>Par Pharmaceuticals to Pay $145 Million</p><p>Par Pharmaceutical Companies has said it has reached an agreement in principle to resolve a False Claims Act case filed by Ven-A-Care of the Florida Keys on behalf of the United States and 49 states (excluding Illinois) over Medicaid price-gouging. April 28, 2011</p><p></p><p></p><p>Verizon to pay $93 Million</p><p>Verizon Communications has agreed to pay the United States over $93 million to settle a False Claims Act case involving taxes and surcharges heaped on to phone bills presented to the U.S. General Services Administration. April 13, 2011</p><p> </p><p></p><p>More cases at, <a href="http://www.taf.org/" target="_blank">http://www.taf.org/</a></p></blockquote><p></p>
[QUOTE="Billybob, post: 1547932, member: 1294"] We should all be concerned about the bigger frauds, consider the $ amounts in the info below. News Release February 17, 2011 Contact: HHS Press Office (202) 690-6343 Medicare Fraud Strike Force Charges 111 Individuals for more than $225 Million in False Billing and Expands Operations to Two Additional Cities Doctors, Nurses, Health Care Company Owners and Executives Among the Defendants Charged; Law Enforcement Agents Execute 16 Search Warrants [url]http://www.hhs.gov/news/press/2011pres/02/20110217a.html[/url] DoJ Recovers $3 Billion in FY 2010 FCA Cases The Department of Justice has announced that in FY 2010, the U.S. Government recovered $3 billion in False Claims Act settlements and judgments. Of the $3 billion recovered, health care civil fraud recoveries accounted for $2.5 billion of the total (83 percent). The $3 billion recovered under the federal False Claims Act is actually an underestimate of the total amount recovered, as DoJ data does not include criminal fines or state portions of Medicaid settlements in its calculations. DoJ notes that most successful False Claims Act cases are brought to the government by whistleblowers, and that the False Claims Act remains "the federal government’s primary weapon in the battle against fraud." Nov 22, 2010 Big Iraq Settlement on Horizon? A $600 million Iraq war fraud settlement may be on the horizon. Kuwait's Public Warehousing Company (also known as Agility) appears to have told Kuwaiti newspaper Al-Qabas that the company expects to pay between $500 million and $600 million to settle a food-fraud case, provided the U.S. Government agrees to the terms. Jan 25, 2010 Fighting Healthcare Fraud: Whistleblower Statute Returns $15 for Every $1 Invested A TAF report by economist Jack Meyer, concludes that every dollar invested by the U.S. Government in investigation and prosecution of federal health care fraud returns $15 back to the American people -- a phenomenal rate of direct return that does not factor in the benefits of fraud deterrence. August 2, 2006 Quest to Pay $241 Million Quest Diagnostics says it has agreed to pay $241 million to resolve a California False Claims Act case alleging the company overbilled the state Medicaid program for diagnostic-testing. The Quest case is one of seven private medical lab cases brought by Chris Riedel, CEO of Hunter Laboratories, whose company refused to price-gouge. The other six defendant companies are: Health Line Clinical Labs; Westcliff Medical Labs; Physicians Immunodiagnostic Laboratory; Whitefield Medical Laboratory; Seacliff Diagnostics Medical Group, and; Laboratory Corporation of America. May 13, 2011 Par Pharmaceuticals to Pay $145 Million Par Pharmaceutical Companies has said it has reached an agreement in principle to resolve a False Claims Act case filed by Ven-A-Care of the Florida Keys on behalf of the United States and 49 states (excluding Illinois) over Medicaid price-gouging. April 28, 2011 Verizon to pay $93 Million Verizon Communications has agreed to pay the United States over $93 million to settle a False Claims Act case involving taxes and surcharges heaped on to phone bills presented to the U.S. General Services Administration. April 13, 2011 More cases at, [url]http://www.taf.org/[/url] [/QUOTE]
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