Right now, there is a lot of fraud for billing insurance companies, medicaid, and medicare for procedures that were not done or were not needed. Insurance companies spend 20-30% of their revenue making sure the procedures ordered are valid.

If all medical professionals were on a fair plan of compensation instead of making a profit from procedures that they billed the incentive to commit fraud or order unnecessary procedures would be totally eliminated, wouldn't it?

Then, evaluate them and compensate them on whether they are making their patients healthier or not.

Doesn't this make sense?
Vastright, I used medicaid and medicare in my example. The problem is in the way people are compensated. We use private doctors to run a government funded program and they abuse it. If they were salaried government workers they would have no what of profiting from cheating.
Medicaid and medicare are the most efficient health care programs we have. But they are still subject to abuse for the reasons I have given.

  • Share/Bookmark

Tagged with:

Filed under: Medical Fraud

Like this post? Subscribe to my RSS feed and get loads more!