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Federal government demands portion of Oklahoma's $270 million opioid settlement
Source: Associated Press
Federal government demands portion of Oklahoma’s $270 million opioid settlement
POSTED 2:47 PM, JUNE 27, 2019, BY ASSOCIATED PRESS, UPDATED AT 03:24PM, JUNE 27, 2019
The federal government is seeking a portion of Oklahoma’s $270 million settlement with Purdue Pharma that stemmed from the state’s ongoing lawsuit against opioid drug makers.
The U.S. Centers for Medicare and Medicaid Services says in a letter to the head of Oklahoma’s Medicaid agency it has determined the federal government is entitled to a portion of Oklahoma’s proceeds.
The June 12 letter from CMS’ regional director Bill Brooks also seeks detailed information from the Oklahoma Health Care Authority and warns that failure to return a portion of the settlement money could result in the withholding of federal funds.
Details of the letter were first reported by The Washington Post.
-snip-
POSTED 2:47 PM, JUNE 27, 2019, BY ASSOCIATED PRESS, UPDATED AT 03:24PM, JUNE 27, 2019
The federal government is seeking a portion of Oklahoma’s $270 million settlement with Purdue Pharma that stemmed from the state’s ongoing lawsuit against opioid drug makers.
The U.S. Centers for Medicare and Medicaid Services says in a letter to the head of Oklahoma’s Medicaid agency it has determined the federal government is entitled to a portion of Oklahoma’s proceeds.
The June 12 letter from CMS’ regional director Bill Brooks also seeks detailed information from the Oklahoma Health Care Authority and warns that failure to return a portion of the settlement money could result in the withholding of federal funds.
Details of the letter were first reported by The Washington Post.
-snip-
Read more: https://kfor.com/2019/06/27/federal-government-demands-portion-of-oklahomas-270-million-opioid-settlement/
______________________________________________________________________
Source: Washington Post
Federal government demands part of Oklahoma’s $270 million deal with Purdue
By Lenny Bernstein June 27 at 5:25 PM
The federal government is demanding part of Oklahoma’s landmark $270 million settlement with drugmaker Purdue Pharma, a potential multimillion-dollar problem for the state, which has no access to the money.
In a June 12 letter to an Oklahoma Medicaid official, the U.S. Centers for Medicare and Medicaid Services said it “is aware the state reached the aforementioned $270 million . . . settlement with the Purdue defendants” and “the federal government is entitled to a portion of that amount.”
The settlement stemmed from Oklahoma’s 2017 lawsuit against three major pharmaceutical companies — Purdue, Teva Pharmaceutical Industries and Johnson & Johnson — that has become a closely watched first test of whether states and cities can force the drug industry to pay for the damage of the opioid epidemic.
All of Purdue’s payments in the March 26 out-of-court settlement went to entities other than the state. It’s unclear how Oklahoma might pay anything to the federal government unless it digs into its own coffers.
-snip-
By Lenny Bernstein June 27 at 5:25 PM
The federal government is demanding part of Oklahoma’s landmark $270 million settlement with drugmaker Purdue Pharma, a potential multimillion-dollar problem for the state, which has no access to the money.
In a June 12 letter to an Oklahoma Medicaid official, the U.S. Centers for Medicare and Medicaid Services said it “is aware the state reached the aforementioned $270 million . . . settlement with the Purdue defendants” and “the federal government is entitled to a portion of that amount.”
The settlement stemmed from Oklahoma’s 2017 lawsuit against three major pharmaceutical companies — Purdue, Teva Pharmaceutical Industries and Johnson & Johnson — that has become a closely watched first test of whether states and cities can force the drug industry to pay for the damage of the opioid epidemic.
All of Purdue’s payments in the March 26 out-of-court settlement went to entities other than the state. It’s unclear how Oklahoma might pay anything to the federal government unless it digs into its own coffers.
-snip-
Read more: https://www.washingtonpost.com/health/federal-government-demands-part-of-oklahomas-270-million-deal-with-purdue/2019/06/26/dc548592-9833-11e9-916d-9c61607d8190_story.html