Independence Blue Cross to Pay $22.5M to Resolve False Claims Act Allegations
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What happened
Independence Blue Cross (IBX), an insurance company incorporated under the laws of Pennsylvania, has agreed to pay $22.5 million to resolve allegations that it violated the False Claims Act by failing to withdraw inaccurate and untruthful diagnosis codes for its Medicare Advantage Plan enrollees in order to improperly retain overpayments from Medicare.
Summary assembled by rule from the sources below