News Headlines Article

Audits draw attention to $495 million of disputed drug rebate money
California Watch

The state’s Medi-Cal pharmacy leaders are working on settling disputes that surround $495 million in prescription drug rebate money, funds that are gaining lawmakers’ attention as the budget crisis grinds forward. Medicaid officials in nearly every state negotiate with big drug companies for drug rebates in return for supplying billions worth of medications to needy patients.