If you or someone you know is using Medicare for their health insurance needs not only is the costs of Medicare in jeopardy but the coverage itself.

“Medicare has at least $80 billion worth of fraud a year. That’s a full 20 percent of every dollar that’s spent on Medicare goes to fraud.”

This was reported by Sen. Tom Coburn, R-Okla. in an interview on the Aug. 24 edition of Fox News Channel’s On the Record With Greta Van Susteren. Not only is this important to the agencies supplying this service but the recipients of the insurance. Medicare Fraud raises health care costs and prevents many from receiving the products or services they really need.

In addition Medicare recipients may find themselves vulnerable to the people perpetrating this fraud.

In this episode Stephen Quindoza with IntegriGuard provides vital information to help you protect your Medicare coverage.

Click here to listen to the podcast!

This podcast is sponsored in part by Eldersource.

Here are some other helpful numbers
1 800-MEDICARE
1 800-HHS-TIPS
1 866-417-2078 HOTLINE
1 866 357-6677 SMP HOTLINE

Here is Steve Kroft’s story on 60 minutes

Watch CBS News Videos Online

The Informed Eldercare Podcast is produced by Bold City Media LLC, the only company in Jacksonville Florida specializing in Podcasting.