St. Louis Public Radio News
2:42 pm
Fri January 31, 2003

Settlement Nets State Medicaid Money

Jefferson City, MO – Missouri's Medicaid program has received
more than $566,000 dollars as a result of a national settlement state attorneys general reached with drug manufacturer Pfizer.

Attorney General Jay Nixon says Missouri is part of a 47-state settlement related to rebates offered to Medicaid programs for the anti-cholesterol medication Lipitor.

The $49 million settlement announced in October was split between the states and the federal government.

The settlement resolved claims by the states and the Department of Justice that Pfizer violated a federal Medicaid drug statute. It requires pharmaceutical companies to accurately report "best
price" information.