Federal Fraud Penalties Might Soon Double

Fraud penalties for healthcare providers could soon double if a rule released by an obscure federal agency is any indication of what's expected.

The U.S. Railroad Retirement Board released an interim final rule last week upping the minimum penalty from $5,500 to $10,781 per false claim submitted to a government program. The board also increased the maximum penalty from $11,000 per false claim to $21,563. Rules for healthcare providers accused of submitting false claims are likely to soon follow suit, experts say.

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