Close Menu
BestNewsOnline
    Facebook X (Twitter) Instagram
    BestNewsOnline
    • Retirement planning
    • Insurance
    • Real estate
    • Subscription
    BestNewsOnline
    Home»Insurance»Oregon Announces $17 Million Settlement With Healthcare Giant Centene – InsuranceNewsNet
    Insurance

    Oregon Announces $17 Million Settlement With Healthcare Giant Centene – InsuranceNewsNet

    December 7, 20222 Mins Read
    WhatsApp Facebook Telegram


    Targeted News Service (Press Releases)

    SALEM, Oregon, December 7 — Oregon Attorney General Ellen Rosenblum issued the following press release:

    Attorney General Ellen Rosenblum and insurance commissioner André Stolfi jointly announced a $17 million settlement with managed healthcare giant centene regarding pharmacy services and including allegations that the company overcharged from oregon Medicaid program for pharmaceutical costs.

    Specifically, centene served as both a pharmacy benefit manager and provided managed care through a subsidiary at from oregon Medicaid program. In Oregonthat managed care organization was Trillium, which largely operated out of Lane County. The investigation focused on whether centene failed to provide certain pharmacy discounts in Oregon resulting in inflated fees paid to centene.

    The settlement and investigation were conducted jointly by the Oregon attorney general’s office, Consumer Services Department (DCBS) and the Oregon Health Authority (OHA).

    “This pharmacy partnership with centene was supposed to help some of our most vulnerable, but this company took advantage of Oregon. This settlement is another way for us to help get prescription drug prices under control,” Attorney General Rosenblum said.

    Insurance Commissioner Stolfi agreed:

    “We cannot allow the most vulnerable people to Oregon to take advantage of,” he said. “We will continue to not only hold accountable the companies that do business here, but also to be transparent and lower prescription drug prices for everyone.

    * * *

    Original text here: https://www.doj.state.or.us/media-home/news-media-releases/oregon-announces-17-million-settlement-with-health-care-giant-centene/

    Add A Comment
    Leave A Reply Cancel Reply

    What's hot

    4 Reasons I’m Planning for Early Retirement Despite 6-Figure Losses

    April 1, 2022

    Today’s advice on leasing commercial real estate might surprise you – Orange County Register

    November 26, 2022

    Single-family home sells for $520,000 in Easthampton

    December 21, 2022

    Live relief check updates: 2023 tax season, debt ceiling, Social Security cuts, disability benefits, housing market…

    January 23, 2023
    Don't miss

    Realtor partners with HSAR and PAWS to help homeless animals

    December 8, 2022

    Sacramento housing market temperature – Sacramento Appraisal Blog

    December 7, 2022

    Red Oak launches hybrid fund for commercial real estate debt

    February 2, 2023
    Picked for you

    LACERA invites tenders for the system’s emerging real asset management program

    Retirement planning February 2, 2023

    The Los Angeles County Employees Retirement Association invites proposals from qualified companies to implement the…

    BestNewsOnline.net is owned and managed by

    Top10 International FZ LLE
    Office 2002, 20th Floor, Creative Tower
    Fujairah, United Arab Emirates
    TRN: 100608946800003

    • Home
    • Contact us
    • Privacy policy
    • Terms and services

    Type above and press Enter to search. Press Esc to cancel.