National Report Pharmaceutical Fraud Day 2025

National Report Pharmaceutical Fraud Day takes place every year on January 23. Did you know that a staggering 10% of all Medicare funds are lost to fraud? It’s been reported that pharmaceutical companies are among the leading offenders when it comes to Medicare fraud allegations. This special day is dedicated to raising awareness that whistleblowers can earn substantial rewards for reporting instances of pharmaceutical fraud. Additionally, it provides valuable guidance to the public on how to properly report such fraud. With increased public awareness, we hope to eliminate pharmaceutical fraud altogether.

Established in 2017 by attorney Joel D. Hesch, who specializes in representing whistleblowers and assisting them in securing rewards for reporting fraud, National Report Pharmaceutical Fraud Day aims to shine a light on this critical issue. Hesch spent over 15 years working in the Department of Justice (DOJ) Whistleblower Reward Office in Washington D.C., where he contributed to cases that recovered an impressive $1.5 billion. He also authored a free ebook that outlines the process of detecting and reporting pharmaceutical fraud. Hesch firmly believes that the more individuals come forward as whistleblowers, the less likely pharmaceutical companies will attempt to defraud Medicare.

The magnitude of the issue is significant, with the government allocating $650 billion annually to the Medicare program, translating to a staggering $65 billion lost to fraud each year. This loss represents a serious national healthcare crisis, as every dollar allocated to Medicare plays a crucial role in supporting elderly and disadvantaged citizens who require healthcare services. This is precisely why it’s essential to put an end to pharmaceutical fraud.

There are two primary ways to report instances of Medicare pharmaceutical fraud. The first option involves reporting to the DOJ under the Whistleblower Reward Program. The advantage here is that the government is likely to initiate an investigation; however, your identity may eventually be disclosed. The second option is to report directly to the Centers for Medicare & Medicaid Services (C.M.S.), which oversees the Medicare program. While this route is typically quicker and easier, the downside is that you may not receive confirmation on whether an investigation will occur.

National Report Pharmaceutical Fraud Day Timeline

• 1990: The Medicaid Rebate Statute – Congress passes legislation to ensure the federal government does not overpay for drugs provided to Medicaid beneficiaries.
• 2006: The Hesch Firm, LLC – Joel D. Hesch establishes The Hesch Firm, LLC, advocating for whistleblowers nationwide.
• 2012: GlaxoSmithKline – The British pharmaceutical giant agrees to a $3 billion settlement for fraud allegations.
• 2017: National Report Pharmaceutical Fraud Day – The day is launched by Hesch to raise awareness about pharmaceutical fraud.

National Report Pharmaceutical Fraud Day FAQs

• What is the largest healthcare fraud settlement in history? Pfizer is frequently cited as having paid the largest healthcare fraud settlement and criminal fine on record.
• Can pharmaceutical companies sell directly to consumers? The direct-to-consumer advertising of prescription medications is reportedly only legal in the United States and New Zealand.
• Which country is the leading producer of generic drugs? India is recognized as the world’s largest supplier of generic medications, contributing to 20% of the global drug supply by volume.

How to Observe National Report Pharmaceutical Fraud Day

• Spread the word: Share information about National Report Pharmaceutical Fraud Day to engage more people in the fight against this illegal practice. The more awareness there is, the less likely companies will attempt to deceive Medicare.
• Download Hesch’s ebook: Arm yourself with knowledge about Medicare fraud. Hesch’s ebook contains essential information regarding the benefits and risks associated with reporting pharmaceutical fraud.
• Report if you see fraud: If you suspect any pharmaceutical fraud on this day, consider reporting it. You can choose to report directly to C.M.S. without seeking a DOJ reward, but keep in mind that this may not guarantee an investigation.

5 Facts About Medicare Whistleblower Rewards

• It’s between 15% and 30%: If you file a report correctly, you could receive a reward ranging from 15% to 30% of the recovered funds.
• The largest reward: The highest reward awarded in a single Medicare fraud case reached $150 million.
• The average reward: On average, whistleblowers reporting Medicare fraud receive about $690,000.
• It’s over $4 billion in total: To date, more than $4 billion has been distributed to whistleblowers as rewards.
• Rejected applications: The DOJ reportedly rejects 75% of reward applications for various reasons.

Why National Report Pharmaceutical Fraud Day is Important

• To share the news: We can contribute to addressing the pharmaceutical fraud crisis that poses a significant health threat. By spreading awareness about this day, we can encourage others to report fraudulent activities accurately.
• To help save Medicare funds: Every dollar counts for those who rely on healthcare. When more individuals know how to report fraud effectively, pharmaceutical companies will reconsider their fraudulent practices, ensuring Medicare funds are used appropriately.
• To get the necessary information: Joel D. Hesch’s ebook is a valuable resource for understanding pharmaceutical fraud. This day empowers us with the knowledge needed to report fraud if we encounter it.

What is the date of National Report Pharmaceutical Fraud Day every year?

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