What does Qui Tam mean? Read on to discover the definition & meaning of the term Qui Tam - to help you better understand the language used in insurance policies.
Allowed by the Federal Civil False Claims Act (31 U.S.C. Section 3729 et seq), a qui tam is a suit brought by a private citizen in the name of and on behalf of the United States. Such suits are usually based on charges of fraud committed by government contractors or others who use or receive governmental funds.
We hope the you have a better understanding of the meaning of Qui Tam.