
Vincent Thayer of San Jose and Sevendik Huseynov of Sunnyvale were allegedly involved in more than $205 million in fraudulent claims, among 324 defendants whose fraudulent and illegal schemes resulted in $14.6 billion in false billings.
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As we know, health care costs are escalating at double-digit rates. The continuous high costs are a burden to the self-insured, businesses and government. In San Jose, we have an unfunded health care liability of approximately $1.5 billion. The City of Stockton has been in the news for starting the process of bankruptcy under AB506, and much of their plight is due to the cost of health care benefits. San Jose should implement a incentive/mandatory wellness program in 2012 to reduce the cost of health care.
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