September 26, 2014
Pharmacy benefit management (PBM) company
Caremark LLC agreed to pay $6 million to settle charges of failing to reimburse Medicaid for prescription drug costs that should have been paid for by Caremark-administered private health plans. Caremark is operated by CVS Caremark Corporation, one of the largest PBMs and retail pharmacies in the country. Donald Well, former employee of Caremark, will receive a whistleblower award of
$1 million from the $6 million False Claims Act settlement.
DOJ