- New York AG Letitia James has joined a bipartisan coalition of 36 AGs, and the United States Department of Justice (DOJ) has secured a $36.5 million settlement from CVS Pharmacy Inc (CVS) for fraudulently overbilling Medicaid for insulin prescriptions.
- The lawsuit claims that CVS knowingly dispensed more insulin to customers than they needed while maintaining that they were reporting the correct amount of insulin in their prescriptions
- Allowed CVS to rake in millions in extra reimbursements from Medicaid for insulin distribution
- The settlement requires CVS to pay $36.5 million to states and the federal government, including $25,108,480.45 for Medicaid programs.