Louisiana sues health care company over practices under investigation in Ohio
Louisiana is suing health care giant UnitedHealth over several business practices, saying it is seeking to recover billions of dollars in inflated prescription-drug prices for the state Medicaid program.
Among its allegations, the state accuses the company of gaming federal oversight reports meant to ensure that at least 85% of the money it gets from taxpayers goes to pay for health care. In Ohio, where United has long been a managed-care provider, the Medicaid department has kept those reports secret at United and other managed-care providers request.
Louisiana Attorney General Jeff Landry last week sued UnitedHealth, saying he was bringing the suit to recover billions of dollars in inflated prescription drug prices charged by the defendants to the Louisiana Medicaid program.
Minnesota-based UnitedHealth Group is the fifth-largest corporation in the United States by revenue. Its the largest health insurer in terms of market share and, through moves such as buying doctors offices, its becoming an ever bigger player in myriad other aspects of health care.
Read more: https://ohiocapitaljournal.com/2022/04/22/louisiana-sues-health-care-company-over-practices-under-investigation-in-ohio/