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Wednesday, February 29, 2012

Health Care

News                                                                                                                             
CNN Money | Feds level charges in largest Medicare fraud
Dr. Jacques Roy, a Dallas area physician, allegedly led a scheme that bilked Medicare for nearly $375 million over five years, in the largest healthcare fraud committed in the United States, federal authorities announced Tuesday.

Econ Comments & Analysis                                                                                            
CATO | Sickening Regulation
The Department of Health and Human Services has announced that it must delay implementation of new reimbursement codes for Medicare. Those new regulations would have increased the total number of reimbursement codes from the current 18,000 to more than 140,000 separate codes.
Heritage Foundation | The "Doc Fix" Dilemma Calls for Immediate Medicare Reforms
Once again, Congress stopped a scheduled 27 percent payment cut to physicians who serve Medicare patients. This frequent exercise serves as a perfect example for the need to move Medicare away from its current price-control model toward a market-based, premium support model.