I’m sure you’ve already heard. In response to the ‘debt deal’ passed in August a ‘super committee’ has been formed whose mission is to cut costs and thus reduce the deficit. In the cross hairs are Medicare and Medicaid. No doubt about it, the nation’s debt is sky high, and cuts need to be made.
Unnecessary Power Wheelchairs Approved by Medicare Recently we learned $98 million dollars were paid by Medicare in the first half of 2007 on power wheelchairs that were deemed medically unnecessary or lacked sufficient documentation to determine medical necessity. This accounted for approximately 61% of the claims submitted in that time frame. This was a ‘news
Finally. Yes, finally, the government has acknowledged its limitations and turned to the private sector to help it address escalating Medicare costs. Currently $2.2 trillion is spent on healthcare, and it is estimated that $100 billion is lost in waste and fraud within the Medicare system. Ouch. With considerable help from several very big (small)
REBECCA S BUSCH