Medicare Transaction Fraud Prevention Act

Hozzl · 2024-01-27T13:45:14Z

Explore the details of Senate Bill 3630 Medicare Transaction Fraud Prevention Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

1/27/2024, 1:45 PM

Summary of Bill S 3630

Bill 118 s 3630, also known as the Medicare Transaction Fraud Prevention Act, aims to address fraudulent activities within the Medicare system. The bill was introduced in the Senate and focuses on preventing fraudulent transactions that cost the government and taxpayers millions of dollars each year.

The key provisions of the bill include implementing stricter oversight and monitoring of Medicare transactions to identify and prevent fraudulent activities. This includes requiring healthcare providers to verify the identity of patients before submitting claims for reimbursement, as well as implementing stronger authentication measures for online transactions.

Additionally, the bill calls for increased penalties for individuals and organizations found guilty of Medicare fraud, including fines and potential imprisonment. It also seeks to improve coordination between federal agencies, such as the Department of Health and Human Services and the Department of Justice, to better investigate and prosecute cases of Medicare fraud. Overall, the Medicare Transaction Fraud Prevention Act aims to protect the integrity of the Medicare system and ensure that taxpayer dollars are being used efficiently and effectively. It is a bipartisan effort to combat fraud and abuse within the healthcare system and safeguard the future of Medicare for all Americans.

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Current Status of Bill S 3630

Bill S 3630 is currently in the status of Bill Introduced since January 18, 2024. Bill S 3630 was introduced during Congress 118 and was introduced to the Senate on January 18, 2024. Bill S 3630's most recent activity was Read twice and referred to the Committee on Finance. as of January 18, 2024

Bipartisan Support of Bill S 3630

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

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Policy Area and Potential Impact of Bill S 3630

Primary Policy Focus

Alternate Title(s) of Bill S 3630

Medicare Transaction Fraud Prevention ActMedicare Transaction Fraud Prevention ActA bill to amend title XI of the Social Security Act to establish a pilot program for testing the use of a predictive risk-scoring algorithm to provide oversight of payments for durable medical equipment and clinical diagnostic laboratory tests under the Medicare program.

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Sponsors and Cosponsors of S 3630

Mike Braun

Indiana(Republican)

Bill Cassidy

Louisiana(Republican)

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