News Headlines Article

Blues companies see anti-fraud efforts boost savings, recovery
Modern Healthcare

Blue Cross and Blue Shield companies saved or recovered $510 million in 2009 through anti-fraud efforts, according to a survey of members companies conducted by the Blue Cross and Blue Shield Association. Fraud investigations prevented the companies from paying $318 million in bogus claims, a 62% increase over 2008 credited to more attention and technology dedicated to the problem. The investigations allowed the companies to get back $192 million that had gone out the door, the companies said.

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