« Anna Nicole Smith's Psychiatrist and Boyfriend Convicted on One ChargeMakers of Suboxone Bilking Government to Pay for Drugs »

Hawaii AG Collects $82M in Settlement Against Drug Companies

10/08/10

Permalink 02:14:33 pm, by admin Email , 140 words   English (US)
Categories: Welcome

Hawaii AG Collects $82M in Settlement Against Drug Companies

Here is yet another case of prescription drug companies defrauding American taxpayers. It's not just one of them, but many of the major players, and my safe estimate would be that nearly all of them are. In this situation, companies posted inflated prices for the state of Hawaii's Medicaid program, so the Attorney General filed suit against all those found. The result was that the state filed for more than $82 in settlements with the companies.

Prescription drug costs for people on Medicaid in Hawaii rose from $45 million in 1999 to $117 million in 2004, which was an increase of roughly 160 percent according to the article posted on LegalNewsline. The suit above was just for years 2006 to present.

In a related addiction recovery blog, an author and treatment professional was quoted describing the tremendous damage being caused to our Medicaid system by prescription drugs.

Feedback awaiting moderation

This post has 7 feedbacks awaiting moderation...

Leave a comment


Your email address will not be revealed on this site.

Your URL will be displayed.
(Line breaks become <br />)
(Name, email & website)
(Allow users to contact you through a message form (your email will not be revealed.)
May 2012
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    

Prescription drug abuse and addiction has become one of the biggest health problems in America, and the drug companies and doctors keep getting away with it!

Search

XML Feeds

multiblog