Preventing data breaches key to stopping Medicare fraud [CBS News]
UnitedHealth Group Incorporated (DE) (UNH)
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am
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Source: CBS News
"I went, I don't know what this is," recalled the Dallas resident. Sandell promptly reported the suspected fraud to Medicare, only to be told that resolving the issue could take years. "I thought, how much fraud do they have? How many claims are they having to investigate that it is going to take that long?" he wondered. For the past six months, the CBS News Texas I-Team has spoken with more than a dozen Medicare recipients who reported fraudulent activity on their accounts. According to a federal government report, an estimated $60 billion is lost annually to Medicare fraud. Earlier this year, Medicare suspended the accounts of 11 medical suppliers suspected of fraudulently billing the government for nearly $3 billion worth of urinary catheters. One of these companies listed its headquarters at an office in Grand Prairie, but by the time their account was suspended, those in charge had long disappeared. To understand the root of this problem, it's essential to know how fraud
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UNH
News
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UNH
Earnings
- 10/15/24 - Beat
UNH
Sec Filings
- 11/5/24 - Form 4
- 11/4/24 - Form 10-Q
- 10/15/24 - Form 8-K
- UNH's page on the SEC website