Today I am announcing a $15.2 Million settlement with Centene Corp. for overcharging AR for medications in its Medicaid program.
I have successfully fought predatory pharmacy benefit managers in the nation’s highest Court, and I continue to hold these providers accountable for gouging consumers with unreasonably high costs for their prescriptions.
Arkansas Medicaid tasked Envolve, a Centene subsidiary, to assist in managing its prescription drug program. Envolve contracted and reimbursed pharmacies for drugs, created preferred drug lists, and negotiated rebates with pharmaceutical companies.
When Envolve charged Arkansas Medicaid for the drugs, contracts required the costs to be capped by certain industry-standard prices, however Envolve charged Arkansas Medicaid more than the allowed price cap.
I will always fight to protect Arkansans, and this settlement with Centene is a big step in repairing the damage it did by taking advantage of Arkansans.
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