CVS Health

Deep inside the gun bill: a break for drug middlemen

BY: - June 22, 2022

Many Americans across the political spectrum are clamoring for federal action on guns in the wake of a mass shooting at an Uvalde, Texas, elementary school, a Buffalo, N.Y., grocery store and hundreds of other mass shootings. But buried in a bipartisan compromise hashed out by the U.S. Senate on Tuesday is an unrelated provision they might not be so happy about. Apropos of nothing, the gun bill would enhance the exemption drug middlemen working with Medicare have from the federal "Anti-Kickback Statute." 

Feds to probe drug rebates

BY: - June 20, 2022

The Federal Trade Commission last week announced what some observers believe could be a game-changer when it comes to the rising cost of prescription drugs. The agency — which is meant to protect fair competition — said it would look into the murky practice by which drugmakers grant rebates and other fees to insurer-owned pharmacy […]

Federal Trade Commission to investigate pharmacy middlemen

BY: - June 9, 2022

After years of pleading, the Federal Trade Commission on Tuesday voted to investigate the practices of some of the nation’s largest companies. They’re accused of using their dominance in myriad sectors of the health care space to drive up costs, drive out competition and reap profits. Four of the six companies to be investigated have […]

Medicaid director owned stock in companies she awarded huge contracts

BY: - May 17, 2022

Ohio Medicaid Director Maureen Corcoran won’t discuss them, but state ethics filings she submitted on Sunday showed that she continued to own stock in three huge health care companies last year — the same year she negotiated and signed billion-dollar contracts with their subsidiaries. Outside ethics experts have said it’s a clear conflict of interest […]

After years, pharmacy-middleman suit might finally come to trial

BY: - May 16, 2022

Since at least 2016, Ohio pharmacists have been accusing large companies acting as pharmacy middlemen of abusive practices, which they deny. And since 2019, the state has been accusing them as well, in the form of lawsuits. Now, after years of wrangling in court, some of that litigation might be headed to trial. The middlemen, […]

Government watchdog: Health care giants improperly denied Medicare benefits

BY: - May 6, 2022

The health care companies offering Medicare Advantage plans improperly denied services and payments at what might seem an alarming rate during a one-week test period in 2019, according to a government report released last week. The companies — many of which are also major players in the Ohio Medicaid system — improperly denied payment 18% […]

Mississippi House votes to cut ties with provider accused of fraud

BY: - February 15, 2022

The Mississippi House of Representatives last week voted overwhelmingly to cut ties with a Medicaid provider that last year agreed to pay the state $55 million to settle claims that it fraudulently inflated the cost of prescription drugs. Ohio is the only state to actually sue over such claims and last year St. Louis-based Centene […]

Experts: DeWine’s son, Medicaid director both have clear conflicts

BY: - February 14, 2022

(The original version of story misattributed a statement by Ohio Supreme Court Justice Pat DeWine to a spokeswoman for the court, who does not speak for him. This version is updated.) The administration of Gov. Mike DeWine is making history, but perhaps for the wrong reasons. Two DeWine appointees have figured in what federal law […]

DeWine: Additional transparency not needed in massive Medicaid contracts

BY: - January 24, 2022

Ohio Medicaid Director Maureen Corcoran apparently held stock in two huge health companies last year as she negotiated and signed multi-billion-dollar contracts with their subsidiaries. But she has refused to say how much she owned as she signed the deals. Nor will the man who appointed her, Gov. Mike DeWine, say he thinks Corcoran should […]

Health companies accused of abuses even as they get giant government contracts

BY: - December 14, 2021

Even though two huge health care companies were accused of abusing Ohio taxpayers in the past, the Ohio Department of Medicaid this year awarded them historic contracts, anyway. Even as that’s happening, another form of abuse might be taking place, critics say. At issue is whether pharmacy middlemen owned by the companies are pocketing huge […]

Medicaid giant settles with fifth state

BY: - December 8, 2021

Centene, the nation’s largest Medicaid managed-care provider, has settled fraud allegations with a fifth state, Kansas Attorney General Derek Schmidt announced Monday. The $27.6 million Kansas settlement comes after Mississippi, Illinois and Arkansas announced settlements totaling $154 million. All of those follow a settlement with Ohio — the only state to actually sue the company […]

In sworn statements, Ohio Medicaid director might have contradicted herself

BY: - November 15, 2021

Did Ohio Medicaid Director Maureen Corcoran know earlier this year that she owned stock in health giants CVS and UnitedHealth as she awarded enormous contracts to subsidiaries of both? In separate sworn statements, she seems to be saying no and yes. After a month of questions, Corcoran still hasn’t disclosed just how much stock she […]