Medicare Supplemental Insurance Policies
November 14, 2007
Being covered under Medicare can indeed be very convenient. With it, most of your medical expenses will be paid off and all your healthcare needs will be taken care of. However, you need to remember that Medicare has some gaps in its policies. There are certain areas that Medicare cannot cover. For this, you will need to get the Medicare Supplemental Insurance or Medigap.
Basically, Medigap is sold by private insurance companies to provide people the option to have an insurance policy that can cover the gaps that your original Medicare policy cannot cover. What this means is that Medigap will be able to help pay for the healthcare expenses incurred by you that your original Medicare plan does not cover. Read more
What Are Some of the Famous Cases of Medicare Fraud?
November 10, 2007
Medicare is funded by the US government. People who benefit from Medicare are the elderly and also the disabled. Because of the fact that Medicare is a very large health insurance provider, you will see that there are a lot of companies and even health care professionals who takes advantage of other people and try to get false claims.
There are quite a lot of large Medicare fraud cases where millions of dollars are involved in false claims. One famous case of false claims or fraud that Medicare experienced is from Douglas Durand who is the vice president of TAP Pharmaceutical Products Inc. He secretly compiled incriminating documents that proved that the company did indeed offer medical professionals kickbacks on the claims that didn’t even exist. Read more
