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KY Will Receive $1.2M of $75M Bristol-Myers Squibb Settlement

Attorney General Daniel Cameron joined the U.S. Department of Justice, U.S. Attorney for the Eastern District of Pennsylvania, and a multi-state coalition of attorneys general in a settlement with Bristol-Myers Squibb Company (Bristol-Myers) for overcharging state Medicaid programs for drugs.

Under the settlement, the pharmaceutical manufacturer has agreed to pay $75 Million to resolve these allegations.

The Kentucky Medicaid Program will receive $1,274,861.61 in restitution and other recovery.

“Medicaid fraud harms Kentucky Medicaid beneficiaries and taxpayers,” said Cameron. “In this case, we partnered with the DOJ and other state Medicaid Programs to investigate allegations of fraud and to stop Bristol-Myers from defrauding Kentucky’s Medicaid Program. We are pleased that our efforts returned over $1.2 million to Kentucky’s Medicaid Program.”

Read the source article at Home - ABC 36 News

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