The Administration released the budget proposal for fiscal year 2010 on May 7, and it provides a $1.7 million multi-year funding increase with an additional $311 million in fiscal year 2010 to fight fraud and abuse. This funding, according to HHS Secretary Kathleen Sebelius, could save an estimated $2.7 billion within the Medicare Advantage and Medicare prescription drug programs. HHS estimates that for every $1 spent to stop fraud in the system, $1.55 is saved.
For more information on the Administration’s budget proposal, click here.