CVS to Pay $12.25 Million in Settlement Over Alleged Overcharges to MassHealth

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The State Attorney General has reached a more than $12 million settlement with CVS Pharmacy to resolve allegations that CVS charged MassHealth higher prices than they offered to the general public for the same drugs. AG Andrea Campbell announced the settlement Wednesday saying CVS will pay $12.25 million to MassHealth and adopt a yearly reconciliation process in which they review prescription drug pricing for MassHealth members to ensure that MassHealth is not overcharged in the future.