Medicaid Overpays Pharmacy Chains, Study Finds

Summary


The Associated Press

WASHINGTON - Taxpayers could save hundreds of millions of dollars a year if soaring Medicaid reimbursements for prescription medicines more closely matched pharmacists' costs, according to a congressional investigation made public Tuesday.

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Medicaid Overpays Pharmacy Chains, Study Finds

The government health care program for the poor spent more than $31 billion on prescription drugs in 2003, triple the amount spent 10 yea...

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