by Ben Vernia | August 30th, 2016
In a story posted on NPR’s website on August 29, the Center for Public Integrity reported that of 37 Medicare Part C (“Advantage”) insurance plans that the Government Accountability Office had audited, 35 had overcharged the government in the audit sample:
Among the insurers charging the government too much: five Humana Inc. health plans, three UnitedHealth Care Group plans and four Wellpoint Inc. plans. CPI reporters approached the administrators of these plans for an interview, but all declined to comment.
The high rate of overcharging the federal government for many diseases could signal millions in losses to federal taxpayers, since many of the plans enroll thousands of people.