Posted on 01/18/2010 7:13:19 AM PST by decimon
LONDON (Reuters) – Some 180 billion euros ($260 bln) is lost globally every year to fraud and error in healthcare -- enough to quadruple the World Health Organisation's and UNICEF's budgets and control malaria in Africa, experts said on Monday.
A study by the European Healthcare Fraud and Corruption Network (EHFCN) and the Center for Counter Fraud Services (CCFS) at Britain's Portsmouth University found that 5.59 percent of annual global health spending is lost to mistakes or corruption.
"Every euro lost to fraud or corruption means that someone, somewhere is not getting the treatment that they need," said Paul Vincke, EHFCN's president and one of the report's authors.
"They are ill for longer, and in some cases they simply die unnecessarily. Make no mistake -- healthcare fraud is a killer."
(Excerpt) Read more at news.yahoo.com ...
I thought that much was in just the US.
J’accuse ping.
Not me but someone will.
And we’re surprised because . . . ? (Sarc)
Because there are such things as, "the European Healthcare Fraud and Corruption Network (EHFCN) and the Center for Counter Fraud Services (CCFS)"
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.