Missouri to get $11 million in Medicaid fraud settlement


News Leader

Missouri will receive more than $11 million from a $403 million nationwide Medicaid fraud settlement with pharmaceutical giant Bristol-Myers Squibb, according to the Missouri Attorney General’s office.

The agreement resolves claims by Missouri Attorney General Jay Nixon, attorneys general of 43 other states, the U.S. Department of Justice and the U.S. Attorney’s Office for the District of Massachusetts that the drug manufacturer engaged in several practices that resulted in Medicaid programs paying too much for prescription drugs in some cases, and being underpaid for rebates by BMS in other cases.

Missouri’s portion of the settlement will be $11,075,941, plus interest since Jan. 1, 2007. Since 2000, Nixon’s office has recovered more than $115 million for taxpayers in Medicaid fraud cases.

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