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Home >> Report: Medicaid Fraud Settlements Makes Billions for Governments

Report: Medicaid Fraud Settlements Makes Billions for Governments

October 19, 2012 by Robert Kulas. Leave a Comment

A report issued in late September says that state and federal authorities have made billions of dollars in recent years by settling Medicaid fraud cases. The report from the consumer group Public Citizen states that in the first half of 2012 alone the federal and state governments have recovered an estimated $6.6 billion.

Many of these cases involve drug makers accused of defrauding Medicaid by artificially fixing prices for drugs covered by the joint state and federal healthcare program. Price-fixing was the most single common violation that occurred from November of 2010 until July of 2012. The largest single penalties were associated with companies using unlawful promotional techniques for drugs associated with Medicaid.

Government authorities reached a total of 74 settlements between November 2010 and July 2012, for a total revenue of about $10.2 billion. About two thirds of those payments came from settlements reached with pharmaceutical giants Johnson & Johnson, Abbott, and GlaxoSmithKline.

The report also detailed how since 1991 about 17 states have recovered funds equal to or greater than the total amount they have spent on their Medicaid fraud enforcement efforts. At least one state earned as much as $84 in fraud settlements for every dollar they spent on Medicaid fraud enforcement. Alabama, Arkansas, Hawaii, and South Carolina had the greatest return on their investigative and enforcement efforts.

Filed Under: General Tagged With: elder law, Medicaid

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Everyone treated us extremely well.  Robert explained how a trust works and the benefits of having one.  We decided to move forward and complete the process.  He was very kind and knowledgeable.  Julie was also very helpful and very patient with our questions.  We felt very comfortable with this firm handling our affairs.  We would highly recommend this firm to our friends and family.

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"Everyone treated us extremely well.  Robert explained how a trust works and the benefits of having one.  We decided to move forward and complete the process.  He was very kind and knowledgeable.  Julie was also very helpful and very patient with our questions.  We felt very comfortable with this firm handling our affairs.  We would highly recommend this firm to our friends and family."

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Janice M
Client Review
August 25, 2020
    

Robert Kulas and staff made making a will an easy to understand process. They were very knowledgeable and attentive to my wishes. All my documents were provided in an organized binder which will be a great asset to my family. I would definitely recommend them.

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Krissy L.
Client Review
August 25, 2020
    

I have worked with Mr. Kulas & staff before. And they are very professional. I am very satisfied with Mr. Kulas and his staff and give them the highest satisfaction and 5 star rating.

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Leo C.
Client Review
August 25, 2020
    

Mr. Kulas and his staff have been extremely helpful & knowledgeable for the over 3 years we have been associated. They are easy to talk to and explain everything without feeling rushed. Very competent and professional.

default image
Mildred W.
Client Review
August 25, 2020
    

I have known Robert Kulas for 20 years since I was co-executor for friends who had Mr. Kulas prepare a Trust for them. When I felt I needed a trust also, I came to him. I have always been completed satisfied with his work and that of his charming, competent staff.

default image
Joan C.
Client Review
August 25, 2020
    

We began our estate plan process in 2004 (12 years ago) and have been pleased with the periodic reviews we have gone through and when changes have been needed the firm has been thorough and professional in making those changes.

default image
L.G.K.
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