When is National Report Medicare Fraud Day?
Tuesday September 12thThe National Report Medicare Fraud Day, which falls on September 12th, is the National Report Medicare Fraud Day. We're all affected by Medicare scams. Ten percent of all Medicare funds are lost due to fraud. Medicare spends $650 billion a year on Medicare, and Medicare fraud loses $65 billion a year to Medicare scams. No wonder we have a national health care crisis!
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We can report Medicare fraud in two specific ways, and each one has very different results. According to 15% to 25% of the amount DOJ recovers, one of the ways to blow the whistle under the Department of Justice (DOJ) reward program, which pays 15% to 25% of the amount DOJ recovers. The average DOJ award for reporting Medicare fraud is $690,000. Some awards have been as high as $150 million!
Also, if you report fraud under the DOJ program, the government must open an investigation and notify you of the findings. Over three-fourths of the government's Medicare fraud lawsuits are DOJ whistleblower reward cases, according to today. Therefore, the government is counting on whistleblowers to submit Medicare fraud cases to DOJ and receive a certificate for their efforts.
The Centers for Medicare & Medicaid Services (CMS), which administers Medicare, is the other way to report fraud directly. (CMS) is the Medicare program's administrator. Fraud can be reported to CMS either on its website or by calling its hotline.
