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Medicare intermediaries pay to resolve whistleblower charges

Citigroup Inc.’s Travelers Insurance Co. and United Healthcare Insurance Co. have agreed to pay $10.9 million and $9.7 million respectively to settle charges that they defrauded Medicare. The two firms allegedly falsified expense reports to obtain higher reimbursement and performance incentives to which they were not entitled.

Crain’s New York Business reported on the settlement on August 12, 2004 as did Modern Healthcare (registration required).

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