Just like a highway robbery, the COVID-19 testing bill has reached a whopping $2 billion. Medicare footed this jaw-dropping bill for COVID-19 testings done through Oct. 31, with experts pointing to fraud and overspending as the key culprits for such inflated costs. It’s like someone slyly pocketed all this money while no one was looking! CareSet spilled the beans on this staggering $2 billion figure to ProPublica, who then compared it to the Department of Health records. It’s enough money to build fancy test-tube skyscrapers in every major city! These findings shed light on how fraud and overspending can escalate healthcare costs tremendously. Perhaps stricter regulations and monitoring can help prevent such financial leakage. If you want to dig deeper into the research, check out the full article!
