House passes Medicare fraud bill

The House on Wednesday passed a bipartisan bill that allows the Department of Health and Human Services to ban corporate executives from doing business with Medicare if their companies were convicted of fraud, even if the conviction takes place after their departure.

The bill was introduced by the Ways and Means health panel's chairman and ranking member, Reps. Pete Stark (D-Calif.) and Wally Herger (R-Calif.). The bill is one of about a dozen health-related bills the House is taking up Wednesday afternoon under an expedited process known as suspension.

The Congressional Budget Office released a score for the bill on Wednesday. 

"CBO expects the bill would result in the exclusion of few individuals who would not be excluded under current law," the score says, but although "enacting this legislation could affect direct spending for Medicare and Medicaid" it would have "no significant budgetary impact."