(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.
Nate Sunderland, EastIdahoNews.com
Nicole Standford, EastIdahoNews.com
Mike Price, EastIdahoNews.com