Reps. John Carney (D-Del.) and Peter Roskam (R-Ill.) introduced a bill today that aims to fight waste and fraud in Medicare and Medicaid payments.
The bill — the Fighting Fraud and Abuse to Save Taxpayer Dollars Act or FAST Act — would expand data sharing between agencies, enact tougher penalties for fraud, and establish incentives for contractors to reduce their erroneous payments.
“This solution would put in place valuable preventative fraud-check measures to strengthen Medicare, saving taxpayers billions,” Carney said in a statement. “Stopping Medicare fraud won’t be the cure-all of our country’s fiscal woes, but it is a commonsense bipartisan solution to save taxpayers billions and help strengthen Medicare.”
“Medicare does not effectively guard against fraud on the front end — cutting checks without thorough fraud-check measures — so law enforcement officials must pursue fraudulent claims after reimbursement. It is the equivalent of a retail store processing a customer’s credit card approval long after the clothes have left the store. It’s nonsensical,” Roskam wrote.