Arkansas to share in settlement with Caremark
TULSA, Okla. (AP) - Arkansas is among five states that will share nearly $2 million under terms of a settlement agreement between Caremark and the federal government.
Caremark allegedly denied Medicaid claims for reimbursement of prescription drug costs.
Under the terms of the agreement, the government will receive about $2.31 million. Five states - Arkansas, California, Delaware, Louisiana and Massachusetts - will share $1.94 million.
According to the government, Caremark allegedly used a computer claims processing platform to cancel claims for reimbursement submitted by Medicaid for dual eligibles.
The government alleged that Caremark's actions caused Medicaid to incur prescription drug costs for dual eligibles that should have been paid for by the Caremark-administered private health plans rather than Medicaid.