Independence Blue Cross Settled a Medicare Advantage False Claims Suit for $22.5 Million

Independence Blue Cross to pay $22.5 million to settle Medicare Advantage fraud claims

Independence Blue Cross (IBX) has agreed to pay $22.5 million to resolve allegations that it violated the False Claims Act by failing to withdraw inaccurate diagnosis codes for its Medicare Advantage enrollees and improperly retaining Medicare overpayments, the Justice Department announced.

Independence Blue Cross settled a Medicare Advantage false claims suit for $22.5 million

The federal government's settlement with IBX followed May's $117.7 million settlement with Aetna, another significant Medicare Advantage insurer in the Philadelphia region.

Independence Blue Cross settles federal Medicare case for $22.5M

Independence Blue Cross Reaches $22.5 Million Settlement

Insurance company settles allegations involving inaccurate Medicare diagnosis codes and payments.

Independence Blue Cross $22.5M Medicare Settlement

Pennsylvania insurer Independence Blue Cross will pay $22.5 million to resolve False Claims Act allegations tied to Medicare Advantage diagnosis codes.

Independence blue cross to pay $22.5m to resolve false claims act allegations

Independence Blue Cross (IBX), an insurance company incorporated under the laws of Pennsylvania, has agreed to pay $22.5 million to resolve allegations that it violated the False Claims Act by failing to withdraw inaccurate and untruthful diagnosis codes for its Medicare Advantage Plan enrollees in order to improperly retain overpayments from Medicare. Under the Medicare […]