A managed care company has agreed to pay Mississippi $55.5 million to settle a lawsuit that accused one of its subsidiaries of overcharging the state’s Medicaid program for pharmacy benefits management.
Attorney General Lynn Fitch and Auditor Shad White announced Monday that the state had reached the settlement with Centene Corp., which it called the largest Medicaid managed care organization in the U.S.
“This settlement makes clear that the days of hiding behind a convoluted flow of money and numbers are over,” Fitch said in a news release.