WASHINGTON: Walgreens Boots Alliance will pay more than $269 million to settle federal and state lawsuits.
The first $209.2 million settlement relates to improperly billing Medicare, Medicaid and other federal health care programs for unnecessarily dispensing insulin pens regardless of whether patients needed them.
Walgreens also agreed to pay $60 million to settle claims that it overbilled Medicaid for drugs. U.S. healthcare costs have been increasingly monitored as the Trump administration tries to lower the overall cost of prescription drugs.
Courtesy: (linkedin.com)
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