Loss Of Millions Of Dollars In Revenue Because Of Inadequate Charges For Medical Care Department Of Defense

Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC ACCOUNTING AND FINANCIAL MANAGEMENT DIV.
Publisher :
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4.:/5 (227 download)

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Download or read book Government Loses Revenue Because of Low Medical Care Charges to Liable Third Parties written by GENERAL ACCOUNTING OFFICE WASHINGTON DC ACCOUNTING AND FINANCIAL MANAGEMENT DIV. and published by . This book was released on 1981 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government provides free medical care to eligible beneficiaries, such as service members and veterans. When a beneficiary requires treatment because of injuries caused by the negligence of another, the Government is authorized by law to recover the cost of medical care from the negligent party. From October 1, 1978, to September 30, 1980, the Government failed to recover an estimated $4 million because the rates charged were set significantly below the rates estimated by the Department of Defense and Veterans Administration to reflect the actual cost of care in their hospitals. At GAO's urging, the Office of Management and Budget adopted the use of the Defense and VA budgeted rates which are much closer to actual cost and should result in significant increases in revenues. Even so, these rates are still too low and unless they are periodically adjusted to more accurately reflect the full cost of care provided in Defense and VA hospitals, the Government may continue to lose about $2 million a year. (Author).