Thursday, August 18, 2005
Anthem Insurance to Pay U.S. $1.5 Million for Overcharging Federal Health Benefits Program
Anthem Insurance Companies will pay the United States $1.5 million to settle allegations that the company overcharged the Federal Employee Health Benefits Program (FEHBP), the Justice Department announced today. The Indiana corporation has served as a contractor within the FEHBP.
The government alleges that Anthem included profit in the cost of certain services billed to the program by a company under common corporate control and improperly calculated the amount of drug rebates due the program. The allegations relate to the period from 1992 through 2002. The settlement resolves a qui tam, or whistleblower, suit brought against Anthem under the False Claims Act.
Click here to read entire government press release on the settlement on i-Newswire.
Posted by Quitam Help Admin on 08/18 at 02:33 PM
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