Punishing Medicare Fraudsters Act

This bill increases penalties for Medicare and federal health care fraud. It raises maximum prison sentences under federal law from 10 to 25 years (and 20 to 30 years) for fraud offenses, and increases fines from $100,000 to $250,000. The bill also requires the U.S. Sentencing Commission to review guidelines for these crimes, directing them to consider factors like financial loss, harm to victims, and threats to public health. It directly affects individuals convicted of fraud against Medicare or other federal health programs. The changes apply to offenses occurring on or after the bill's enactment date.