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MB2 Dental ordered to pay $8.5 Million in False Dental Insurance Claims

Every year, the federal and state governments lose billions of dollars from false insurance claims. Most of these claims are made by practitioners that haven’t offered the services that they claim to offer.

This year, in the state of Texas alone, more than 21 practices have been taken to task to explain some of the claims that they have made with all of them being ordered to repay the money that they have embezzled. According to White Pages, MB2 Dental is among the practices that the state has ordered to make a payment.

MB2 is a dental services company that serves more than 19 affiliated practices. The company was created to help their practices handle the business side of the practice. The services which they offer include helping the company make their insurance claims, getting the right staff to assist at the practice and many other related services.

The Northern Texas State Attorney claims that the claims that MB2 Dental made were made between 2009 and 2014. He further states that upon investigation, it was discovered that most of the claims were not related to any offered services.

He stated that the organization was found guilty of having used wrong Medicaid provider numbers and violating the anti-kickback law. The claims that were made by the company were mainly related to pediatric practices.

In addition to the total amount that will be paid by the practice, the main management team of the company which includes Drs. Christopher Villanueva, Trung Minh Tang, Mauricio Dardano, Gabriel Shahwan and Akhil Reddy will each be expected to pay an additional $250,000 as personal liability in the claims. Learn more about MB2 Dental: http://mb2dental.com/about-mb2/leadership-team/

The head of marketing for the company, Frank Villanueva will also be expected to pay $100000 which will go towards the resolution of the same case.

The company agreed to pay the settlement to demonstrate their good will and also their commitment to protect the Medicaid program. Frank reiterated the commitment of the company to deal with programs that are family friendly.

He stated that the company has learned from the many mistakes that happened and hoped that they would not be repeated in the future.

The attorney hoped that in future, more people would be committed towards the protection of the Medicaid program.

How EOS Lip Balm Took Over the Market

EOS lip balm is the product of choice in the market. It is selling over one million units in a week and has a global market outreach. The company has a net worth of $ 250 million and still growing. They sell lip balms of different flavors such as honeydew, pomegranate raspberry, grapefruit, cherry, and mint among others. The products are marketed in all stores including Wallmart, Walgreens, Target and even beauty shops throughout the world. Famous celebrities like Miley Cyrus, Kim Kardashian, and Christina Aguilera have been spotted using the product.

EOS is splashed all over fashion and beauty magazines. According to the Fast Company interview, EOS was started to address the skin care needs of the consumers and offer varieties. It concentrates on oral care where it has realized high sales. The lip balm company specializes in organic and natural products, which are the most preferred by consumers.

An extensive consumer research helped EOS come up with solutions that meet the requirements of the beauty industry. From the research, it was found that women preferred lip balms that do not require hand application as it is considered unhygienic.

EOS created a product that was unique and different from others in the market. The product engages all the five senses as it feels good on the hands, have great colors on the orb, different flavors and smallest and make an incredible clicking sound when closing. The lip balm is priced at $3 (https://www.costco.ca/eos%C3%A2%E2%80%9E%C2%A2-Lip-Balm-6-pack.product.100322342.html) to compete well with other products on all drugstores.

The organic ingredients concept came about to address needs of women with reactions with the products already in the market. The aim of EOS lip balm is to create an emotional connection with its users. The company uses social media and endorsements marketing strategy, targeting millennial generations (women of 25 – 35 years) who are the largest users. In just seven years, the product has become a household brand