Obama Nets $4.1 Billion Worth Health Care Fraud in 2011

Nearly $4.1 billion worth of health care scam funds was netted in nation-wide crackdowns by the Obama administration in 2011. This was announced by officials Secretary Kathleen Sebelius of the Health and Human Services (HHS), and Attorney General Eric Holder at a press conference in Washington on Tuesday.

Fighting health care fraud in the US has become essential as more scams come to light. As a result, the administration needs to sharply increase federal control over the nation’s health insurance system.

In the past three years, President Obama’s administration has recovered funds amounting to an average of $3.6 billion per year in health care fraud. In contrast, an average of nearly $1.6 billion was recovered per year during President Bush’s eight-year regime.

‘These accomplishments reflect this administration’s ongoing and intensive efforts to protect the American people and to safeguard precious taxpayer dollars,’ Attorney General Holder said. ‘It is just one of the many ways this administration is working to help the American people at a time when budgets are tight,’ he added.

'We are regaining the upper hand in our fight against health-care fraud,’ Secretary Sebelius said. ‘It has never been harder to rip off Medicare and Medicaid, as it is today.'

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Source-Medindia