Medicare Fraud Ring Charged in Miami

A federal grand jury in Miami has indicted eight persons in connection with a Medicare fraud ring. The indictment charges that Michel De Jesus Huarte is at the center of the scheme. It alleges that Huarte organized two conspiracies to defraud Medicare. Both schemes involved the billing of Medicare and private insurers operating programs for […]

Insurers Reap Profits from Medicare Advantage Participation

According to a study by the Government Accountability Office, offerors of Medicare Advantage plans earned profits in excess of $1.1 billion more than anticipated for the year 2005. The GAO found that the increased profits occurred because the Medicare Advantage organizations spent 85.7% of their revenues on medical expenses, but the projections had assume spending […]