What is National Report Medicare Fraud Day?
The National Report Medicare Fraud Day, 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, while 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. One is to blow the whistle under the Department of Justice (DOJ) reward scheme, which pays 15% to 25% of the amount DOJ recovers. The average DOJ reward for reporting Medicare fraud is $690,000. Some awards have been as high as $150 million!
In addition,, if you report fraud under the DOJ program, the government must open an investigation and notify you of the findings. Today, over three-fourths of the government's Medicare fraud lawsuits are DOJ whistleblower reward cases. According to this, the government is counting on whistleblowers to submit Medicare fraud cases to DOJ and receive a certificate for their efforts.
Centers for Medicare & Medicaid Services (CMS), which administers Medicare, is the other way to report fraud directly. (CMS) is the Medicare program's administrator. You can report fraud to CMS either on its website or by calling its hotline.
