47 Million Uninsured...and Counting.
Ever wonder why?
A $2.26 trillion was spent on health care in 2007 and over 4 billion health insurance claims were processed in the United State according to the National Health Care Anti-Fraud Association (NHCAA), law enforcement and regulatory agencies.
$68 billion issue a “crime phenomenon”
The issue they're talking about is healthcare fraud, and it accounts for an estimated 3% of all health care spending, or $68 billion.
Guess who’s paying for it? That’s right. You are.
"Health care spending in the U.S. is five (5) times that of defense and three (3) times that of education," the article says. "Health care insurers, Medicare, Medicaid, and consumers bear the cost of fraud, which represents an ever-growing burden in the form of increased premiums, taxes, co-pays and deductibles."
The cost of health care continues to rise, leaving many consumers without health insurance.
Today's complex medical billing system allows fraud and abuse to go undetected. Studies have shown that as many as 8 out of 10 medical bills from hospitals and providers contain errors. Their errors are compounded by the fact that insurance companies are not reimbursing correctly--they just pay the incorrect bills unquestioningly, but deny legitimate charges.
And people wonder why healthcare costs are skyrocketing? We don't. MBAA can help consumers and businesses (small and large) do something about it.
With more than 80 medical billing advocates across the country, MBAA is fighting to keep healthcare costs down, for consumers, businesses and healthcare providers alike. And we’re training more advocates everyday. If you’re adventurous, enjoy investigative work, or are looking for a career that makes a difference in people’s lives, please click here to learn more about becoming an advocate.
Consumers join hands with MBAA
We are now offering Consumer Membership to educate the public about medical bill overcharges and underpayments by insurance companies that are rampant in the healthcare industry. To learn about MBAA’s consumer membership, click MyMedicalBill.
MBAA has also developed a self-help workbook, The Medical Bill Workbook, to help individuals counter out-of-control medical costs. Click here to order this product.