AG Fitch, Auditor White announce $55.5 million settlement with Centene
Attorney General Lynn Fitch and Auditor Shad White reached a $55.5-million settlement with Centene, the largest Medicaid managed care organization in the United States.
The settlement resolves allegations of overpayments as a part of Mississippi’s Medicaid program.
“My Office is business-friendly, and I firmly believe that businesses that operate in good faith are good partners in meeting the needs of our state,” said Attorney General Lynn Fitch. “However, I am in this Office to serve the people of Mississippi, and I fully intend to make sure they are not being cheated by Centene or anyone else. This settlement makes clear that the days of hiding behind a convoluted flow of money and numbers are over. And, I appreciate the work of Auditor White and his staff in helping achieve this success for the people.”
Following suspicions that PBMs were inflating their bills, in 2019, the Auditor’s Office launched an investigation to review invoices produced by a Centene-owned company. Contracts required payments be capped by certain industry-standard prices, and the PBM was charging Medicaid more than the allowed price cap.
Read more: https://yallpolitics.com/2021/06/14/ag-fitch-auditor-white-announce-55-5-million-settlement-with-centene/