Idaho Wins $28 Million in Pharmaceutical Lawsuit


0  Updated at 8:42 am, August 28th, 2013 By: Managing Editor
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(BOISE, ID) – The state of Idaho has been awarded $28 million in a lawsuit against several pharmaceutical companies. Attorney General Lawrence Wasden says the companies illegally inflated the prices of certain prescription drugs, overcharging Medicaid in the process. About $13.5 million will go toward federal Medicaid credits, another $7 million will go to the state’s general fund, and the rest will go toward court costs. Wasden hopes the settlement will help protect Gem State taxpayers from future pricing abuses.