The Massachusetts attorney general’s office has reached a $6.15 million settlement with CVS Pharmacy Inc. to resolve allegations that the retail pharmacy failed in some cases to follow prescription pricing procedures designed to keep costs down and prevent overcharges in the workers’ compensation system.
The state required that CVS be billed and paid for prescription drugs that exceeded the prices allowed under state law. CVS also allegedly failed to follow federal limits on Medicare and Massachusetts maximum allowable costs when making price determinations, according to a statement from the state attorney general’s office.
The attorney general also said they would work with CVS, “to seek improvements to the Massachusetts workers̵7; compensation system and establish procedures to prevent overcharging.”
The office said it has recovered more than $20 million in settlements for drug price-fixing violations with Walgreens Co., Express Scripts Holding Co., Optum Rx Inc., Stop & Shop Supermarket Co. and United Pharmacy Inc.