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Friday, November 15, 2024

Bean introduces legislation targeting Medicare fraud

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Aaron Bean U.S. House of Representatives from Florida's 4th district | Official U.S. House Headshot

Aaron Bean U.S. House of Representatives from Florida's 4th district | Official U.S. House Headshot

U.S. Congressman Aaron Bean (FL-04) has introduced the Prompt Reporting and Oversight for Medicare Providing Transparency (PROMPT) Act, aimed at curbing waste, fraud, and abuse within the Medicare system.

“Rising fraud and criminal activity threaten to undermine the Medicare system for Northeast Floridians. We have an obligation to ensure that taxpayer dollars keep our most vulnerable populations healthy, not lining the pockets of fraudsters,” said Congressman Bean. “By increasing reporting to more quickly detect fraud, we can make significant strides toward addressing this growing problem and protecting Americans.”

In 2023, the Department of Health and Human Services (HHS) estimated that Medicare and Medicaid programs spent over $100 billion in improper payments. This figure represents 43 percent of the government-wide total of estimated improper payments reported by agencies for that year; however, some investigators believe the actual amount is much higher.

The PROMPT Act will require the Secretary of Health and Human Services to provide an explanation of benefits no later than 30 days after an item or service is furnished under the Medicare program.

This legislation is supported by Americans for Prosperity and the Council for Affordable Health Coverage.

Full text of Congressman Bean’s bill can be found HERE.

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