Relating to authority of PEIA to investigate and prosecute fraud

SB 1082 expands the West Virginia Public Employees Insurance Agency's (PEIA) authority to investigate and prosecute insurance fraud. It establishes new civil penalties, including triple damages for fraudulent claims, and allows PEIA to withhold payments to recover overpayments. The bill directly affects employers, employees, and healthcare providers who submit claims to PEIA by creating specific violations like misrepresenting benefits or overcharging. Key provisions include authorizing administrative actions, requiring document retention for five years, and setting procedures for investigations and subpoenas. The law aims to strengthen fraud prevention and recovery of public insurance funds.