PharmaLive: Attorney General Abbott Recovers $15.7 Million In Medicaid Costs Under National Settlement [1]

AUSTIN, Dec. 7, 2006 - Texas Attorney General Greg Abbott today announced Texas will receive more than $15.7 million under a national settlement with one of the nation’s largest pharmaceutical companies. Texas and 49 other states alleged that Schering-Plough Corp. failed to provide the Medicaid program with the lowest drug prices as is required by law, costing taxpayers millions of dollars in fraudulent payments for drug benefits.