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In reply to the discussion: United health care imploding... [View all]
cliffside
(1,580 posts)Interesting chart though, retraced .618 from the Oct 2008 low with a bullish candlestick, if confirmed.
They are my supplemental plan.
https://www.cbsnews.com/news/medicare-advantage-overbilling-feds-kill-bill-after-industry-opposition/
"A decade ago, federal officials drafted a plan to discourage Medicare Advantage health insurers from overcharging the government by billions of dollars — only to abruptly back off amid an "uproar" from the industry, newly released court filings show.
The Centers for Medicare & Medicaid Services published the draft regulation in January 2014. The rule would have required health plans, when examining patient's medical records, to identify overpayments by CMS and refund them to the government.
But in May 2014, CMS dropped the idea without any public explanation. Newly released court depositions show that agency officials repeatedly cited concern about pressure from the industry.
The 2014 decision by CMS, and events related to it, are at the center of a multibillion-dollar Justice Department civil fraud case against UnitedHealth Group pending in federal court in Los Angeles...'
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