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An Easy Way to Reduce Medicare Fraud
By: John R. Graham
10.14.2010
Congratulations to the FBI for busting the biggest Medicare fraud operation yet discovered. An Armenian gang defrauded Medicare of a reported $163 million. A key enabler of the fraud was the theft of 2,900 Social Security numbers, which the fraudsters used to bill Medicare for fake medical services. While Medicare fraud will never be eliminated, there is a straightforward way to dramatically reduce it - immediately. And it wouldn't need investigation by police, either. Instead, it would rely on Medicare beneficiaries themselves.
Voucherization is the solution. Read more here.
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