Merck Settles Massachusetts Medicaid Fraud Allegations for $24 Million—Total Recovery Now $47 Million

Merck & Co, Inc., the second largest drug manufacturer in the nation, agreed to pay $24 million to the Commonwealth of Massachusetts to settle allegations that it knowingly reported inflated drug prices to the Massachusetts Medicaid program.  The $24 million settlement is the largest single payment made to the Commonwealth for any one Medicaid fraud case in the state’s history, and comes as part of a suit filed against thirteen drug manufacturers over inflated drug prices that has led to the recovery over $47 million for the Commonwealth.

For more information see: http://www.boston.com/Boston/businessupdates/2011/12/merck-pay-overcharging-case/Yl0JbNWVCc6pU3ERImxOSP/index.html