Business
11:32 am
Wed June 13, 2012

Kentucky Medicaid Settles with Johnson & Johnson for $7 Million

Kentucky Attorney General Jack Conway recovered $7 million on behalf of Kentucky’s Medicaid program following a settlement with 47 companies in the Johnson & Johnson family. 

The lawsuits claimed that the companies advertised deceptive Average Wholesale Prices- which the Kentucky Medicaid Program uses to calculate its drug reimbursement amounts. The deceptive numbers caused the program to reimburse millions of dollars more than necessary.