Medicare is the largest healthcare program in the United States with more than 65 million people receiving Medicare benefits. Unfortunately, it has long been a program that has been exploited by scammers with the Centers for Medicare & Medicaid Services estimating at between 3% and 10% of Medicare payments are fraudulent, accounting for as much as $100 billion in annual fraudulent payments.Medicare is a tempting target for criminals due to the huge volume of claims it processes and its business model of “pay first-audit later” where claims are required by law to be processed and paid generally within 30 days.Common…

I’ve long been a student of game theory, the branch of mathematics that studies how rational actors make decisions when their outcomes depend on what everyone else does. It’s a helpful framework for understanding markets and geopolitics, and right now, there’s no better place to apply it than Taiwan.The stakes…

AUSTIN, Texas (AP) — The small plane that crashed while carrying four pickleball players to a tournament near Austin last month had problems with freezing instruments before it broke apart midair, according to a preliminary federal investigation report released Friday.The Cessna 421C took off from Amarillo on April 30 at…

Business & Money

Whisky—Scotland’s most famous export—has long been something to sip on, but a growing wave of chefs are bringing whisky to the plate. From whisky-cured seafood to malt-infused desserts, the spirit’s character and depth of flavor have been a key tool in highlighting Scotland’s regional ingredients and cuisine. And on May…

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Retirement accounts are among the most significant financial assets many Americans hold…