In the last year the Obama administration has ramped up efforts to prosecute those committing health care fraud and it is producing results. From USA Today:
The statistics, released by the non-partisan Transactional Records Access Clearinghouse, show 903 prosecutions so far this year. That’s a 24% increase over the total for all of fiscal year 2010, when 731 people were prosecuted for health fraud through federal agencies across the country. Prosecutions have gone up 71% from five years ago, according to TRAC.
While true that criminal fraud is only a small part of the overall cost of health care in America, it still costs the government hundreds of millions of dollars.
I’m not the biggest fan of President Obama when it comes to his health care policy decisions, but this is a positive development. His administration deserves credit. Not only does the stepped-up prosecution help the government regain stolen money, but also the large increase in investigations should have an even bigger impact by acting as a deterrent against future thefts.