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Senior healt-hcare fraud under investigation

Nicole F. Stowell (Department of Accounting, University of South Florida St. Petersburg, St. Petersburg, Florida, USA)
Carl Pacini (Department of Accounting, University of South Florida St. Petersburg, St. Petersburg, Florida, USA)
Martina K. Schmidt (Department of Finance, University of South Florida St. Petersburg, St. Petersburg, Florida, USA)
Nathan Wadlinger (Department of Business, Florida State University, Tallahassee, Florida, USA)

Journal of Financial Crime

ISSN: 1359-0790

Article publication date: 23 June 2020

Issue publication date: 1 December 2023

376

Abstract

Purpose

This study aims to increase awareness and educate the reader about health-care fraud targeting seniors in the USA to help stakeholders better understand, recognize and prevent this type of fraud.

Design/methodology/approach

This paper collects statistics on the current state of health care frauds committed against seniors, and examines related cases and laws.

Findings

The authors find this type of fraud is highly prevalent and expected to increase. Current laws preventing this fraud from occurring are multifold and complex. While prevention strategies through law enforcement have been somewhat successful, a reduction in resources may put seniors at an increased risk in the years to come.

Research limitations/implications

Without additional prevention strategies, the problem will likely escalate with a growing population of older adults. This study encourages further research into effective prevention strategies and methods to fight health-care fraud against seniors.

Practical implications

Health-care fraud and its associated costs pose a significant threat to the society and economy of the USA. Reducing this fraud will not only reduce the costs to the US economy but also improve the physical and mental well-being of senior victims, reduce their mortality and hospitalization rates and improve the public trust placed to health-care providers.

Originality/value

This study highlights how health-care fraud is committed against seniors. With the projected trend of an aging US population, educating stakeholders, increasing awareness and applying tools to protect seniors will be important to reduce the absolute scope of this problem in the future.

Keywords

Citation

Stowell, N.F., Pacini, C., Schmidt, M.K. and Wadlinger, N. (2023), "Senior healt-hcare fraud under investigation", Journal of Financial Crime, Vol. 30 No. 6, pp. 1808-1837. https://doi.org/10.1108/JFC-04-2020-0071

Publisher

:

Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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