Senators Max Baucus (D-Mont.), Orrin Hatch (R-Utah), Tom Carper (D-Del.) and Tom Coburn (R-Okla.) recommended HHS raise the required $50,000 its suppliers must maintain in “surety bonds” to ensure such recipients have enough cash reserved to pay back overpayments. The report showed some companies had received millions in overpayments and had only a small fraction of that amount in their reserves.
More Articles on Medicare Overpayments:
OIG Finds Medicare Wrongly Paid $125.2M to Inmates, Illegal Immigrants
20 Recent Lawsuits and Settlements Involving Hospitals
Kaleida Health in New York Pays $1.6M to Resolve Medicaid Overbilling
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