CVS' Caremark unit settles U.S. false claims allegations

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CVS' Caremark unit settles U.S. false claims allegations

By Jonathan Stempel (Reuters) - Caremark LLC, a unit of CVS Health Corp, will pay $6 million to settle U.S. allegations that it knowingly failed to reimburse Medicaid for prescription drug costs paid on behalf of patients who were also covered by private health plans it administered. The settlement announced on Friday by the U.S. Department of Justice resolves claims that Caremark, a pharmacy benefits management company, violated the federal False Claims Act by improperly processing claims of such "dual eligible" patients. ...

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