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{"id":16574,"date":"2017-05-10T16:00:57","date_gmt":"2017-05-10T16:00:57","guid":{"rendered":"http:\/\/www.seonewswire.net\/2017\/05\/drug-maker-fined-19-8-million-for-overcharging-the-va\/"},"modified":"2017-05-10T16:00:57","modified_gmt":"2017-05-10T16:00:57","slug":"drug-maker-fined-19-8-million-for-overcharging-the-va","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2017\/05\/drug-maker-fined-19-8-million-for-overcharging-the-va\/","title":{"rendered":"Drug maker fined $19.8 million for overcharging the VA"},"content":{"rendered":"

The Department of Veterans Affairs (VA) has been overcharged for several drugs for nearly a decade, resulting in a steady decrease of financial resources that should have gone to veterans’ care. A French pharmaceutical company will pay $19.8 million in fines to resolve allegations that it incorrectly billed the VA for certain medications.<\/p>\n

\u201cOvercharging VA depletes funds that are available to care for our veterans,\u201d said Mark Myers, director of the VA Healthcare Resources Division. \u201cWe will continue to hold companies accountable for errors in drug pricing.\u201d<\/p>\n

Pennsylvania-based Sanofi-Pasteur, the vaccine unit of drug maker Sanofi, overcharged the VA for two medications from 2002 to 2011. According to the Department of Justice, the error occurred after the company incorrectly calculated the federal ceiling cost, or maximum amount, for covered drugs. Under the Veterans Health Care Act, drug manufacturers are not allowed to charge the VA in excess of the ceiling price for medications.<\/p>\n

In (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Department of Veterans Affairs (VA) has been overcharged for several drugs for nearly a decade, resulting in a steady decrease of financial resources that should have gone to veterans’ care. A French pharmaceutical company will pay $19.8 million in…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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