Buffalo Insurance Provider Faces $98 Million Settlement Over Fraud Allegations
December 23, 2024 - 21:08
A Buffalo-based insurance provider is set to pay up to $98 million in a settlement with the U.S. government due to allegations of fraudulent activities. The settlement stems from claims that the company engaged in improper billing practices, misleading the government and violating Medicare regulations.
This substantial financial penalty highlights the ongoing scrutiny of healthcare providers and the importance of compliance with federal healthcare laws. The investigation revealed that the company reportedly submitted inflated claims, which resulted in overpayments from Medicare.
As part of the settlement agreement, the insurance provider has committed to implementing enhanced compliance measures to prevent future violations. This case serves as a stark reminder of the consequences that can arise from fraudulent practices in the healthcare industry, emphasizing the government's dedication to protecting Medicare funds and ensuring accountability among providers.
The settlement is expected to have significant implications for the company's operations and reputation moving forward.
MORE NEWS
February 24, 2026 - 19:44
Healthy Returns: What’s next for Novo Nordisk’s next-generation obesity drug CagriSema after trial missNew clinical trial results for the promising obesity treatment CagriSema have delivered a surprise outcome, with the drug failing to outperform a key rival in a closely watched study. The...
February 24, 2026 - 07:12
Scientists Challenge Severity of Microplastics Health Warnings, Point to Obesity as Confounding FactorA growing chorus of scientists is urging caution over alarming headlines that directly link microplastics to severe human health damage. These researchers argue that many studies may be producing...
February 23, 2026 - 09:51
Health care reform might be a focus in midterms. For Congress, pursuing it will be an uphill climbAs the nation moves closer to the midterm elections, the debate over health care reform is poised to dominate political discourse. Lawmakers from both parties are expected to campaign vigorously on...
February 22, 2026 - 18:59
UFC fighter Eduarda Moura opens up on mental health battle after bipolar disorder diagnosisFollowing a decision loss to Wang Cong at UFC Vegas 113, rising strawweight contender Eduarda Moura is opening up about a far more significant battle outside the Octagon. The Brazilian fighter has...