Wretched Wrench
Veteran
- Apr 21, 2003
- 1,626
- 12
http://today.reuters.com/news/articleinves...6&type=qcna
"Pharmacy benefits manager Medco Health Solutions will pay $155 million plus interest to settle government charges of kickbacks and false claims, the U.S. Justice Department said on Monday.
The government also charged that Medco violated an anti-kickback law by soliciting and accepting payments from drug makers to favor their products on Medco's published list of drugs, and by paying kickbacks to get health plans to award contracts to provide the mail order pharmacy benefits.
The Justice Department also said Medco cancelled valid prescriptions it could not fill in time to avoid paying penalties under its contract; shorted pills from filled prescriptions; failed to do reviews needed to identify potential adverse drug interactions; and used drugs other than those prescribed by the physician to earn undisclosed rebates from drug manufacturers."
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Of course, Medco admitted no wrongdoing as they paid.
"Pharmacy benefits manager Medco Health Solutions will pay $155 million plus interest to settle government charges of kickbacks and false claims, the U.S. Justice Department said on Monday.
The government also charged that Medco violated an anti-kickback law by soliciting and accepting payments from drug makers to favor their products on Medco's published list of drugs, and by paying kickbacks to get health plans to award contracts to provide the mail order pharmacy benefits.
The Justice Department also said Medco cancelled valid prescriptions it could not fill in time to avoid paying penalties under its contract; shorted pills from filled prescriptions; failed to do reviews needed to identify potential adverse drug interactions; and used drugs other than those prescribed by the physician to earn undisclosed rebates from drug manufacturers."
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Of course, Medco admitted no wrongdoing as they paid.