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The Anti-Kickback Statute [1] (AKS) is an American federal law prohibiting financial payments or incentives for referring patients or generating federal healthcare business. . The law, codified at 42 U.S. Code § 1320a–7b(b), [2] imposes criminal and, particularly in association with the federal False Claims Act, civil liability on those who knowingly and willfully offer, solicit, receive ...
Signed into law by President Ronald Reagan on November 7, 1986 The Anti-Kickback Enforcement Act of 1986 ( Pub. L. 99–634 , 100 Stat. 3523 , enacted November 7, 1986 , originally codified at 41 U.S.C. § 51 et seq., recodified at 41 U.S.C. ch. 87 ) modernized and closed the loopholes of previous statutes applying to government contractors .
In 1986, the United States Congress passed the stringent Anti-Kickback Enforcement Act to prevent such schemes. [7] The Anti-Kickback Statute (“AKS”) prohibits medical providers and physicians from paying or receiving kickbacks or any financial benefits in return for referrals of patients who are covered under federal healthcare programs ...
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“Borrowing from a life insurance policy refers to taking a loan against the cash value of a permanent life insurance policy, such as a whole life policy,” according to Eliezer Zupnick ...
Figure out whether life insurance makes sense for you. Read What Are the Pros and Cons of Life Insurance? from Money Talks News.
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