National Report Medicare Fraud Day

National Report Medicare Fraud Day is an American observance dedicated to combating Medicare fraud. Annually, a report is released detailing the misuse of funds in the Medicare system, accompanied by publicly accessible recommendations for curbing fraud in the U.S. healthcare system.

History

Established in 2017 by Hesch, LLC, National Report Medicare Fraud Day was initiated by a former Department of Justice lawyer who represented whistleblowers. With extensive experience in Medicare fraud cases, he launched the website www.ReportMedicareFraudDay.com and authored an e-book on the topic, addressing public fund embezzlement.

The annual reports reveal that roughly 10% of the budget funds allocated for the insurance system, amounting to nearly $70 billion, end up in fraudulent hands out of an estimated $700 billion provided by the state.

Interesting Facts

• Whistleblowers collaborating with the Department of Justice may receive rewards ranging from 15% to 25% of the recovered funds.
• Two-thirds of Medicare fraud cases are resolved thanks to whistleblowers.
• Annual fraud reports help monitor and address fraud effectively.

How to Take Part

On this day, visit the designated website to review the latest information and share the report on social media to raise awareness. If you have encountered Medicare fraud, report it. Whistleblowers can also seek rewards for providing crucial information.

When is National Report Medicare Fraud Day in 2024?

National Report Medicare Fraud Day is observed on September 12 each year.

Observations