Amerigroup Corp. Settles Medicaid Fraud Claims For $225 Million

Next time you hear that lawsuits against negligent doctors drive up the cost of medical care in the U.S, think fraud. Think, Amerigroup Corporation.

Amerigroup claims to be "the leading publicly-traded company dedicated exclusively to caring for the financially vulnerable, seniors and people with disabilities through publicly-funded programs."

Ah yes..."caring for the financially vulnerable, seniors and people with disabilities," right!

Recently, Amerigroup Corporation agreed to pay $225 million to settle federal and state claims that it defrauded the Illinois Medicaid program. The company is accused of "systematically avoiding enrolling pregnant women and unhealthy patients" because they are more expensive to treat.

So much for "the financially vulnerable, seniors and people with disabilities."

PRNewswire, PR Newswire 08/14/2008 Read Article: PR Newswire