In one of the largest settlements of a healthcare-fraud case in U.S. history, the federal government, Indiana and other states have reached an agreement with Pfizer Inc. to settle allegations of kickback payments and illegal off-marketing campaigns that had improperly promoted drugs Pfizer manufactures.
Pfizer agreed to pay state and federal governments a total $1 billion in civil damages as compensation to Medicaid, Medicare and other federal healthcare programs harmed by the company’s conduct, the federal and state governments announced today.
Under the settlement with Pfizer, the total obtained for the Indiana Medicaid program -- including both the federal and state share -- will be $9,520,231.16 in restitution and other recovery. Of that, the state’s share of the multi-state settlement will be $3,694,888.19.
News and events from around the City of Indianapolis, Indiana and the surrounding counties.
Thursday, September 3, 2009
Pfizer Inc. to pay Indiana nearly $3.7 million in historic settlement
Muncie Free Press
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