Beacon Insurance Group Announces Medicare RAC Audit Coverage

Bluffton, SC, January 15, 2011 --(PR.com)-- Beacon Insurance Group has partnered with Rubicon Insurance Services to provide their Medefense Plus Policy for physicians, billing companies and surgery centers in South Carolina and eastern Georgia. Medefense provides insurance protection for the healthcare community for medical billing errors and fraud issues. Medicare RAC Audits have been very successful and are expanding in 2011. Medicaid has also instituted their billing audit program MIP, Medicare Integrity Program. Individual physicians or groups of physicians are eligible for this program.

Healthcare professionals need to protect their practice and reputations from damages and claims which can result from medical billing errors and fraud. In most cases, the costs to defend and fight these regulatory audits can be enormous. The Medefense Plus policy provides legal defense for your practice and reputation, investigation costs, fines and penalties that result from the audit, and immediate access to expert legal professionals. Medefense Plus policy is available for individuals and groups.

The alarming aspect to the Medicare & Medicaid Billing Audits is they are not usually random. The majority of audits by performed by Medicare were the result of whistleblowers. The Medicare reward alone is a reason we have seen the up tick in audits occurring. The Tax Relief and Health Care Act of 2006, signed into law on December 20, 2006, amended the Internal Revenue Code to provide for substantially increased rewards for whistleblowers increasing the maximum reward to 30%.

Beacon Insurance Group,located in Bluffton, South Carolina has experience in healthcare insurance solutions for small and large providers. Beacon, being an independent insurance broker & consultant, can access and provide solutions to meet every need of healthcare professional.

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