Home > Health Insurance Company: Fraud, Denials and Other Issues > U.S. Senate Investigating United Healthcare, Cigna, Aetna for Medicare and Medicaid Fraud

U.S. Senate Investigating United Healthcare, Cigna, Aetna for Medicare and Medicaid Fraud

BREAKING NEWS……………………..

The U.S. Senate is now officially investigating United Healthcare, Cigna, and Aetna for one of the largest fraud schemes yet against the Medicare and Medicaid programs. The amount of fraud is said to be in the hundreds of billions of dollars. The fraud was done on purpose as to rake in billions of profits for the insurers at the demand of company executives and shareholders, according to the U.S. Senate.

In addition, FierceHealthcare is reporting that United Healthcare, Cigna, and Aetna have also been caught in a multi-billion dollar pull-through scheme involving Quest Diagnostics and LabCorp. This scheme specifically involves Quest and LabCorp offering contracts for discounted or below-cost pricing in exchange for in-network physician referrals for lab testing business. The companies have clearly violated the U.S. federal anti-kickback law which protects patients and Medicare/Medicaid beneficiaries from potential influence of financial arrangements on care decisions. (Source: http://www.fiercehealthcare.com/story/senate-probe-aetna-cigna-united-healthcare-quest-lab-corp-alleged-billion-d/2011-11-09?utm_medium=nl&utm_source=internal)

This is only the tip of the iceberg. It has also been reported that Blue Cross/Blue Shield and Humana are also being investigated for a very very similar multi-billion dollar fraud scheme as well.

Stay tuned to here for more on this BREAKING NEWS story.

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  1. Edward M. Burke
    November 22, 2011 at 12:53 pm

    As a person with hemophilia, i am not surprised one iota by this article. the health insurance industry has been dicriminating against me and every American with a chronic disease all of my life.

  2. November 19, 2011 at 10:19 pm

    Good blog post, nice efforts. It couldn’t appear to have been penned any better. Reading this article piece of writing reminds me about my old boss! He usually kept babbling about this. I will email this post to him. Pretty confident he will probably have a high-quality read. Appreciate your posting!
    My website is Camera Review.

  1. August 27, 2012 at 3:07 pm

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