Walgreens to pay $270 million for overbilling prescription drugs, insulin pens

With all of the attention currently placed on prescription drug prices, it’s difficult to believe that a major retail distributor of medications would do anything but toe the proverbial line when it comes to sales practices. However, last month, Walgreens was ordered to pay more than $270 million for improperly billing Medicare, Medicaid and other state- and federal-level programs over the course of 10 years.
The suit is broken down into two components. In one part, the company has been ordered to pay $209.2 million for improper billing practices surrounding (Read more...)

Full Story →