Centene Corp. has agreed to pay Texas $165.6 million to resolve claims that it overcharged the state’s Medicaid program the biggest known payout by the nation’s largest Medicaid insurer over its drug pricing practices.
TOPEKA, Kan. (AP) Kansas will receive nearly $27.6 million from a legal settlement with the company that manages prescription costs for its Medicaid program, after an investigation into whether the company had overcharged the state, Attorney General Derek Schmidt announced Monday.
Kansas Attorney General Derek Schmidt says Centene kept Kansas in the dark about drug discounts and used other strategies to squeeze more profit out of the state's Medicaid program.