Recently, a Ford Motor Company employee sued Ford for removing his dependents from the company’s health plan. A federal court in Michigan ruled in favor of Ford, citing its right to perform document-based dependent eligibility audits and remove ineligible or unverified dependents. Read more on DependentCheck.com.
President Obama recently released his proposed FY2013 budget, which outlines his fiscal goals for the United States. In the budget, the President proposes to cut healthcare spending by $360 billion over the next decade, with $300 billion coming out of Medicare through reduced payments to healthcare providers. Despite these cuts, the budget still proposes to allocate the Department of Health and Human Services (HHS) nearly $950 billion in FY2013, with almost $500 billion proposed for the Center for Medicare and Medicaid Services (CMS) alone.
An article by Rich Flaherty, Vice President of Business Development for HMS, recently appeared in the American Association of School Administrators’ School Administrator magazine. Read more here.
The U.S. spends more than $2 trillion on healthcare annually, and every year between $600 and $800 billion of that money is lost to fraud, waste, and abuse. Fraud accounts for 19 percent of the $600 to $800 billion in misspent funds, which amounts to between $125 billion and $175 billion annually. (Source: Thomson Reuters, 2009)
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