(The Center Square) – A nearly three-year investigation that began when Ohio Attorney General Dave Yost was the state auditor led to a nearly $90 million settlement with one of the state’s largest medical insurers over Medicaid billing. Centene Corp. agreed to pay Ohio $88.3 million to settle the lawsuit, which claimed the pharmacy benefit manager overbilled the Ohio Department of Medicaid for pharmacy services it provided. Yost claimed Centene and its subsidiary, Buckeye Health Plan, conspired to misrepresent the costs of pharmacy services, including the cost of prescription drugs. The Department of Medicaid administers a taxpayer-funded medical assistance plan that covers nearly 2.9 million Ohioans through the use of managed care organizations. The settlement was the first and largest in the country secured by a state attorney general against a pharmacy benefit manager. The company also settled with Mississippi for $55 million, according to a report by Georgia Health…
Continue Reading: Ohio wins M settlement from prescription drug manager
