Top 10 False Claim Acts
Under the False Claims Act, 31 U.S.C. §§ 3729-3733, those who knowingly submit, or cause another person or entity to submit, false claims for payment of government funds are liable for three times the government’s damages plus civil penalties of $5,500 to $11,000 per false claim.
This act allows citizens with proof of fraud having been committed against the government to sue, on behalf of the government. These whistleblowers are compensated between 15 to 25% of the funds recovered by the government.
I thought that it would be interesting to see the amounts that have been paid back to the government due to the False Claims Act. Here is a list of the top 10 false claims:
| Company | Amount | Date |
| Pfizer | $1,000,000,000 | September 2009 |
| Tenet | 90,00,00,000 | July 2006 |
| HCA | 73,14,00,000 | December 2000 |
| Merck | $650000000 | January 2008 |
| HCA | $631000000 | June 2003 |
| Serono Group | $567000000 | October 2005 |
| TAP Pharmaceuticals Products Inc | $559483560 | October 2001 |
| New York State and New York City | $540000000 | July 2009 |
| Schering Plough | $435000000 | August 2008 |
| Eli Lilly | $438000000 | January 2009 |
I just thought it would be interesting for us to know about to what extent the government recovers money lost due to health care fraud.
The top 100 false claim act cases can be viewed at : http://www.taf.org/top100fca.htm
This is unbelievable. It really amazes me what companies are willing to do just to realize a profit.
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