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Caremark Will Pay $6 Million to Resolve False Claims Act Allegations

Caremark L.L.C., a pharmacy benefit management company (PBM), will pay the United States $6 million to settle allegations that Caremark knowingly failed to reimburse Medicaid for prescription drug costs paid on behalf of Medicaid beneficiaries who also were eligible for drug benefits under Caremark-administered private health plans, the Justice Department announced today. Caremark is operated by CVS Caremark Corporation, one of the largest PBMs and retail pharmacies in the country.

Read more on www.justice.gov

Action Details

  • Date:September 26, 2014
  • Agency:U.S. Department of Justice
  • Enforcement Types:
    • Criminal and Civil Actions