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Do you want assist in writing your Spanish papers? Section 306 of the Medicare Prescription Drug, Improvement and Modernization Act of 2003 (MMA), directed the Department of Health and Human Services (HHS) to conduct a three-year demonstration program utilizing RACs. The demonstration began in 2005 within the three states with the highest Medicare expenditures: California, Florida and New York. The aim of the demonstration program was to find out whether or not the usage of RACs can be a cheap option to establish and proper improper funds in the Medicare FFS program. The RAC demonstration program proved extremely financially profitable from the viewpoint of the CMS. Actually, in fiscal year (FY) 2007 alone, the RACs recognized and picked up $357.2 million in overpayments, and repaid just $14.3 million in identified underpayments to Medicare providers and suppliers. Based upon information compiled by CMS, the RAC demonstration program cost solely 22 cents for every greenback returned to the Medicare Trust Funds.
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