National Report Medicare Fraud Day is an American celebration of Medicare fraud for people aged 65 and older. On this day, an annual report is provided that contains data on the illegal use of funds in the Medicare system, as well as publicly available recommendations for combating fraud in the US healthcare system.
National Report Medicare Fraud Day is celebrated annually on September 12th. It appeared in 2017 thanks to Hesch, LLS. Its founder is a lawyer who has worked for many years in the Bureau of the Ministry of Justice, and represented the interests of whistleblowers. While working on the Medicare Fraud case, he created his website (www.ReportMedicareFraudDay.com) and wrote an e-book covering the issue of embezzlement of public funds.
During the work on the reports, it was found that the average loss of budget funds allocated to finance the insurance system is about 10%. The state allocates annually an amount close to 700 billion dollars. Consequently, approximately 70 billion dollars fall into the hands of fraudsters.
- Whistleblowers, when working with the Bureau of the Ministry of Justice under a special program, receive a monetary reward – from 15% to 25% of the amount of money involved in the illegal circulation of funds.
- 2/3 of Medicare fraud cases are solved by whistle-blowers.
- Keeping an annual fraud report allows you to control the situation and take the necessary measures in a timely manner.
How to celebrate
Visit the website that day and review the information provided. Share the report on social networks, attract more people to the problem. If you have experienced Medicare fraud yourself, be sure to report it. If you have useful information, you can join the ranks of whistleblowers and claim a reward.
When is National Report Medicare Fraud Day celebrated in 2022?
National Report Medicare Fraud Day is observed on September 12 each year.