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Medicare Advantage Rates Receive Lower Than Expected Raise

The U.S. is raising payments to Medicare Advantage insurers by .85 percent on average, below the proposed 1.35 percent boost as part of the push to contain costs of Medicare Advantage, ...
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Hospices Overbilled Medicare by $268 Million in 2012

According to a report by the Health and Human Services’ Office of Inspector General, hospices overbilled Medicare by approximately $268 million in 2012. One of the common areas ...
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Defunct Video Poker Company CFO Pleads Guilty to Fraud

Robin Smyth, the former chief financial officer of Kit Digital Inc pleaded guilty to securities fraud. Smyth, along with the company’s former chief executive, Kaleil Isaza Tuzman, ...
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Wisconsin Northwood Brothers Charged With Fraud

Two Northwoods brothers who co-own Eliason Inc. in St. Germain are facing 10 felony counts of securities fraud after failing to disclose the conditions their business was in. 31 investors ...
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Wells Fargo, Rhode Island Agency Charged With Fraud

The U.S. Securities and Exchange Commission has charged a Wells Fargo & Co unit, along with a Rhode Island agency with securities fraud in relation to a bond deal for the now-bankrupt ...
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South Dakota Governor Delays Medicaid Expansion Decision

Governor Dennis Daugaard of South Dakota said on Monday that the nine days remaining in the 2016 legislative session is not enough time to determine if the state government-funded ...
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Congress Likely to Introduce Medicare Voucher Support

The House Republicans are likely to introduce the ability for Medicare recipients vouchers to shop for private insurance as a part of their budget plan this year. The plan, which is ...
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CMS Plans More Site Visits, Will Release Data Sets

The Center for Medicare and Medicaid Services will be making more frequent site visits to Medicare-enrolled providers and suppliers, and will be releasing new data tools as well as ...
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Former Insurance Agent Released on House Arrest in Fraud Case

Samuel Bowron Phillips of Fort Smith, who is accused of stealing money from retirement accounts of investors in his companies and then gambling it away, was released on house arrest ...
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Massachusetts Court to Hear Arbitration Clause Case

A Massachusetts state court is scheduled to hear a case on arbitration clauses in nursing home contracts. The clause is preventing Scott Barrow from seeking a wrongful death suit against ...
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