Medicare Advantage has allegedly overcharged Medicare by $1,000 per policyholder. Melanie Musson, an insurance expert with ExpertInsuranceReviews.com, says, “Medicare Advantage insurance providers must prepare to justify their charges by keeping accurate records and documentation.”
Medicare Advantage plans are increasing in popularity, but this private insurance alternative to government-run Original Medicare must be careful to be transparent or keep accurate records, or they’ll pay the price.
Kaiser Health News recently reported on a trend of Medicare Advantage providers dodging auditors and overcharging taxpayers through billing Medicare.
