An examination of pharmaceutical fraud and federal regulations in the US that attempt to prevent the fraud.
Written in 2009; 3,688 words; 13 sources; APA; $ 102.95
Paper Summary:
This paper discusses fraud by pharmaceutical companies. It discusses how pharmaceutical companies are monitored and investigated in the US by many government organizations and how they aim to prevent the fraud. The paper also examines federal laws such as the Federal Anti-Kickback Law and the False Claims Act and looks at how the government can enforce these laws.
Table of Contents:
Federal Anti-Kickback Law
False Claims Act
Prescription Drug Market Act
Examples of Government Enforcement Actions
Compliance Plans
From the Paper:
"In October 2002, the Department of Health and Human Services stated that gifts, programs, and financial incentives to doctors could appear to be illegal kickbacks and that the companies could be charged with federal fraud and abuse laws. Currently there are several hundred fraud cases covering more than 500 drugs now under investigation by the U.S. Department of Justice under the False Claims Act. Since 2001 over 16 pharmaceutical companies have been charged with fraud including kickbacks, Medicaid rebate fraud, off-label marketing, and best price violations. Recently there have been increasing numbers of "whistleblowers" who have spoken up about pharmaceutical fraud. As of 2006, U.S. have recovered over 4 billion dollars from these fraudulent companies (Nolan & Auerbach, 2006)."
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