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Insurers extracted $50 billion from Medicare via questionable diagnoses, often without patient knowledge.

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According to a recent investigation by The Wall Street Journal, insurers involved in the Medicare Advantage program collected approximately $50 billion extra from Medicare by making questionable diagnoses. These diagnoses were often added without the knowledge of patients or their doctors, leading to higher payments from the government.

Insurers collected $50 billion extra from Medicare by making questionable diagnoses, often without the knowledge of patients or their doctors, per WSJ.

— unusual_whales (@unusual_whales) July 15, 2024



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