Ever since the Patient Protection and Affordable Care Act was signed into law, healthcare observers from all corners of the country have made predictions on everything from the ultimate cost of health reform to the percentage of the uninsured. There’s a mix of both optimism and pessimism. 2014 will provide us an opportunity to compare their predictions to the ultimate reality.Managed Healthcare Executive polled readers on their forecast for 2014 and beyond. Nearly 350 readers responded and their feedback is summarized here in our 2014 State of the Industry slideshow.
Estimates of the cost of fraud in the Medicare system range broadly from $17 billion to $90 billion. However, there are no estimates of—or methods to detect—how much of the wasted money is attributable to old-fashioned human error rather than blatant crime.