Anti-Fraud Efforts By BCBS Companies Saved Or Recovered $510 Million In 2009

Modern Healthcare (5/27, Blesch, subscription required) reports, "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." Specifically, "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." These "investigations allowed the companies to get back $192 million that had gone out the door, the companies said."