March 13, 2008 marked the one year anniversary of the Virginia Fraud Against Taxpayers Act’s /files/116785-109034/DRA_regs.pdf”>Deficit Reduction Act of 2005. In a nutshell, the Commonwealth now gets an extra 10% of all monies received in false claims cases brought under the Virginia statute.
This is one of the biggest reasons for Virginia’s jump in recoveries for Medicaid fraud.
Almost immediately, the Commonwealth began to experience the benefits of passing a OIG-approved false claims act. On May 10, 2007, for example, a nationwide settlement of more than $600 million was announced against the Purdue Frederick Company, Inc. Virginia’s cut was a total of $58.8 million dollars.
Next week, we will begin looking at what this has meant for the Commonwealth’s budget in the past year.
Zachary A. Kitts
Cook & Kitts, PLLC
The Deficit Reduction Act of 2005 and the Virginia Fraud Against Taxpayers Act: One Year Anniversary
By Zachary Kitts on March 21, 2008 in Potential Uses of the Virginia Fraud Against Taxpayers Act
- Upcoming VaCLE Seminars on Hanging a Shingle and Reasonable Attorney Fees in Virginia
- Healthcare Records, Qui Tam Whistleblowers and HIPAA
- Virginia Fraud Against Taxpayers Act Amendments for 2018
- California Governor Jerry Brown signs the new California False Claims Act into law…but the law still lacks an alternate remedies clause to protect relators
- The National Conference of State Legislatures Identifies the Top Ten Issues Facing State Governments in 2013…
- Updates from Annapolis — House of Delegates Committee Hears Testimony on the Maryland False Claims Act of 2013
- A Happy Belated Birthday for the federal False Claims Act!
- All Federal Court Practitioners Should be Aware of Proposed Changes to the Federal Rules of Civil Procedure
- Building a Precedent — First Recovery for a Local Government Employee under the Anti-Retaliation Provisions of the Virginia Fraud Against Taxpayers Act