Medicare and Medicaid
Blue Cross and Blue Shield Companies' Anti-Fraud Efforts Collect More Than Half a Billion Dollars in 2009
Published in Medicine and Law Weekly, June 11th, 2010
Blue Cross and Blue Shield companies' anti-fraud investigations resulted in overall savings and recoveries of more than $510 million in 2009, according to data released by the Blue Cross and Blue Shield Association (BCBSA). This represents a significant increase compared to 2008, and contributed to a three-year average return of $7 dollars for every $1 dollar spent on anti-fraud efforts.
BCBSA released the findings from its annual survey at a press briefing highlighting the Blue system's commitment to fighting healthcare fraud in an effort to save healthcare dollars and protect consumers.
"Blue Cross and Blue Shield companies are achieving...
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