20 January 2024

90 Year Ban. It Should Have Been Her Sentence.

The Office of the Inspector General for the Department of Health and Human Services has banned Elizabeth Holmes from participating in any federal health program for 90 years.

I believe that she can, for example, still be covered by Medicare when she turns 65, but she could not, for example, work as a receptionist in a doctor's office if said physician took any sort of federal money:

Elizabeth Holmes—the disgraced and incarcerated founder of the infamous blood-testing startup Theranos—is barred from participating in federal health programs for nine decades, according to an announcement from the health department Friday.

The exclusion means that Holmes is barred from receiving payments from federal health programs for services or products, which significantly restricts her ability to work in the health care sector. It also prevents her from participating in Medicare, Medicaid, and other federal health care programs. With a 90-year term, the exclusion is lifelong for Holmes, who is currently 39.

………

In today's announcement, the health department noted that the statutory minimum on exclusions for convictions like Holmes' is just five years. But other factors are considered when determining the term, including how long the fraud took place, the length of the prison sentence, and the amount of restitution ordered. In addition to her 11-year prison sentence, Holmes was ordered to pay approximately $452,047,200 in restitution, the HHS-OIG noted.

Still, this shows the most important rule of US Jurisprudence and regulation:  Do not steal from rich people.

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