Tennessee to Get $2M of $151M Drug Company Settlement

Tennessee will receive approximately $2 million as part of a national agreement with one of the largest American drug distributors, McKesson Corp., for allegedly causing the government to overpay for prescription drugs, Attorney General Bob Cooper announced today. McKesson is alleged to have violated the Federal False Claims Act and various state false claims acts by reporting inflated pricing data for a large number of prescription drugs. As a result, state Medicaid programs such as TennCare had to overpay for a variety of drugs.