| ||||||||||
Dr. Ronald P. Rogers CHIROPRACTOR Support for your body's natural healing capabilities 270-384-5554 Click here for details Columbia Gas Dept. GAS LEAK or GAS SMELL Contact Numbers 24 hrs/ 365 days 270-384-2006 or 9-1-1 Call before you dig Visit ColumbiaMagazine's Directory of Churches Addresses, times, phone numbers and more for churches in Adair County Find Great Stuff in ColumbiaMagazine's Classified Ads Antiques, Help Wanted, Autos, Real Estate, Legal Notices, More... |
AG Conway ups total Medicaid total collections to $63 million Latest firm to settle with Kentucky will repay $4.5 million to Average Wholesale Price (AWP) lawsuit by Attorney General From Commonwealth News Center Attorney General Jack Conway today announced a $4.5 settlement with several U.S. subsidiaries of global pharmaceutical manufacturer Boehringer Ingelheim GmbH, headquartered in Ingelheim am Rhein, Germany. The U.S. companies involved in the settlement are Boehringer Ingelheim Pharmaceuticals, Inc., Boehringer Ingelheim Roxane, Inc., Roxane Laboratories, Inc. and Ben Venue Laboratories, Inc. This is the latest in a number of settlements in the so-called Average Wholesale Price (AWP) lawsuits filed by the Office of the Attorney General against 47 pharmaceutical manufacturers. The Kentucky Medicaid program relies on these published AWPs to calculate Medicaid drug reimbursement rates. The lawsuits allege that that the defendant drug companies published bogus and inflated AWPs for their drugs which did not bear any relationship to any prices that these companies actually charged their customers. The artificial "spread" between the bogus published prices and the real prices caused the Kentucky Medicaid program to pay millions of dollars more in drug reimbursements than it should have. "My office is committed to ensuring that drug companies truthfully report their prices and do not engage in false or misleading marketing of their products," said General Conway. "Taxpayers should not be footing the bill for these inflated drug prices." On June 24, General Conway announced a $16 million jury verdict in Franklin Circuit Court against generic drug giant Sandoz. In total, the Office of the Attorney General's Medicaid Fraud and Abuse Control Unit has recovered a total of $26.5 million as a result of the AWP lawsuits. Since taking office, General Conway has collected $63 million for the Medicaid program and for Kentucky taxpayers. A settlement is not an admission of liability in a civil case. This story was posted on 2009-07-13 05:58:45
Printable: this page is now automatically formatted for printing.
Have comments or corrections for this story? Use our contact form and let us know. More articles from topic News:
Agrees with Diane Long on The CWB Crossing solution RECEIPT FOR FRIED CHICKEN: Step aside, Col. Harland Sanders Conover-Yarberry wedding The Hay Story: Farming is a Crawhorn family thing Second Sunday planning meeting Thursday, July 23, 2009 Christmas in July reunion is July 25, 26, 2009 This is a special day in Celebrations Bale - Frost to exchange vows Agenda, Adair Fiscal Court, Tues., July 14, 2009 Agenda, Adair Co. Fiscal Court, Tues. July 14, 2009 View even more articles in topic News |
|
||||||||
| ||||||||||
Quick Links to Popular Features
Looking for a story or picture? Try our Photo Archive or our Stories Archive for all the information that's appeared on ColumbiaMagazine.com. | ||||||||||
Contact us: Columbia Magazine and columbiamagazine.com are published by Linda Waggener and Pen Waggener, PO Box 906, Columbia, KY 42728. Please use our contact page, or send questions about technical issues with this site to webmaster@columbiamagazine.com. All logos and trademarks used on this site are property of their respective owners. All comments remain the property and responsibility of their posters, all articles and photos remain the property of their creators, and all the rest is copyright 1995-Present by Columbia Magazine. Privacy policy: use of this site requires no sharing of information. Voluntarily shared information may be published and made available to the public on this site and/or stored electronically. Anonymous submissions will be subject to additional verification. Cookies are not required to use our site. However, if you have cookies enabled in your web browser, some of our advertisers may use cookies for interest-based advertising across multiple domains. For more information about third-party advertising, visit the NAI web privacy site.
|