[Ip-health] Prescription drug fraud settlement nets $155 million

[Jeff Williams]

All,

See:
http://www.govexec.com/story_page.cfm?articleid=35354&dcn=e_gvet

A prescription drug provider used by federal employee health insurance
plans agreed this week to pay the government $155 million to settle
multiple claims of fraud.

Medco Health Solutions of Franklin Lakes, N.J., allegedly paid kickbacks
to health plans to gain their business, took money from drug
manufacturers to favor their drugs and destroyed prescriptions to avoid
penalties for delays in filling them.

The U.S. Attorney's office in Philadelphia announced the settlement
Monday, several months before the case was scheduled to go to court.
Medco did not acknowledge any wrongdoing in the settlement. The Office
of Personnel Management, which administers the Federal Employees Health
Benefits Program, promised not to bar Medco from future participation.


Regards,

--
Jeffrey A. Williams
Spokesman for INEGroup LLA. - (Over 134k members/stakeholders strong!)
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