Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    On April 26, Mark Carney Discusses Strategic Autonomy with EU Parliament

    September 18, 2026

    As of early October, Costco raises prices on Kirkland synthetic motor oil to $57.99 and enforces purchase limits

    September 16, 2026

    As of April 2024, PM Carney Enhances Industrial Strategy with New Support Measures

    September 14, 2026
    Saskatchewan StarSaskatchewan Star
    • Automotive

      Nissan develops new self-driving system for urban streets

      September 22, 2025

      Dashboard display fault prompts Toyota recall of 70K vehicles in Canada

      September 20, 2025

      Tesla’s Europe sales drop continues for seventh straight month

      August 28, 2025

      Automotive job losses lead German economic slide

      August 26, 2025

      World’s most powerful EV now in production as Lotus Evija

      August 18, 2025
    • Business

      As of early October, Costco raises prices on Kirkland synthetic motor oil to $57.99 and enforces purchase limits

      September 16, 2026

      As of April 2024, PM Carney Enhances Industrial Strategy with New Support Measures

      September 14, 2026

      As of 2028, Quebec Faces the Largest Economic Impact from New US Tariffs

      August 31, 2026

      Canada Announces Expanded Tariffs on US Imports Effective September 8

      August 27, 2026

      On Thursday, the US dollar dips close to a three-month low amid declining bond yields

      August 20, 2026
    • Entertainment

      Critics say Ben Affleck understates AI use in film and TV

      January 27, 2026

      Disney’s Fantastic Four beats Superman in box office debut

      July 27, 2025

      Disney and Marvel’s R-rated film hits billion-dollar milestone

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024

      USHER’s pre-Super Bowl experience on Apple Music

      February 7, 2024
    • Health

      Research reveals early respiratory risks for youth who vape as of Thursday

      August 21, 2026

      Canada set for generic weight-loss drug arrivals this summer

      March 31, 2026

      Study explains exceptional memory in some people over 80

      January 15, 2026

      Stanford researchers restore cartilage in aging joint models

      January 12, 2026

      Protein shakes show alarming traces of lead and heavy metals

      October 19, 2025
    • Lifestyle

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023

      From labels to legacy – understanding fashion’s hierarchy

      August 21, 2023
    • Luxury

      Price hikes and lack of innovation erode luxury market confidence

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      On April 26, Mark Carney Discusses Strategic Autonomy with EU Parliament

      September 18, 2026

      Canada prepares retaliatory measures dollar-for-dollar following US import tariffs in early September

      August 25, 2026

      As Tariffs Are Paused, Trump Suggests Reconsideration of Keystone XL Pipeline in Upcoming Negotiations

      August 21, 2026

      On Wednesday Afternoon, Hwy 401’s Eastbound Lanes Were Shut Following a 3-Vehicle Collision

      August 20, 2026

      British Columbia wildfire evacuations exceed 20,000

      August 10, 2026
    • Sports

      Montreal missed 2026 World Cup as FIFA set host rules

      April 9, 2026

      Victoria Mboko named WTA newcomer of the year 2025

      December 23, 2025

      North American nations plan joint security drills for 2026 FIFA World Cup

      August 6, 2025

      Russian engineers launch AI robot for athletes’ training

      July 18, 2025

      Italy’s Jannik Sinner wins first Wimbledon men’s singles crown

      July 14, 2025
    • Technology

      On Tuesday, Andrew Yang Advocates for an AI Tax Amidst Subsidies for Automation Technologies

      August 21, 2026

      Canada to spend C$900 million on drones and quantum defence

      March 10, 2026

      Google expands Gemini AI in Chrome with task automation features

      January 31, 2026

      Memory driven robots created in Korea to enhance productivity

      October 2, 2025

      Apple iPhone 17 Pro ships with iOS 26 and AI translation

      September 9, 2025
    • Travel

      Ontario Lifts Fire Restrictions and Travel Ban as of Thursday Morning

      August 21, 2026

      Canada cross border trips to U.S. fell sharply in late 2025

      January 28, 2026

      US immigration screening review suspends Pakistan exempts India

      January 15, 2026

      Canada reassures American tourists while U.S. regions scale back Canada marketing

      January 14, 2026

      Banff upgrades transit to address tourist congestion

      October 14, 2025
    Saskatchewan StarSaskatchewan Star
    Home » CVS loses Medicare fraud case, must pay $289.9 million
    Business

    CVS loses Medicare fraud case, must pay $289.9 million

    August 21, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    A U.S. federal court has ordered CVS Health’s pharmacy benefit management unit, Caremark, to pay nearly $290 million in damages and penalties over allegations it defrauded the Medicare system. The decision, issued this week by Chief U.S. District Judge Mitchell Goldberg in Philadelphia, marks one of the largest False Claims Act rulings against a pharmacy benefit manager in recent years. The case originated from a whistleblower lawsuit filed in 2014 by Sarah Behnke, a former actuary at Aetna specializing in Medicare Part D.

    CVS loses Medicare fraud case, must pay $289.9 million
    CVS fined in Medicare fraud as 2025 crackdown intensifies on PBMs and U.S. healthcare billing. Credit – CVS Health.

    Behnke alleged that Caremark submitted inaccurate drug cost data to the Centers for Medicare & Medicaid Services (CMS) for the 2013 and 2014 calendar years. These cost adjustments, known as direct and indirect remuneration (DIR) fees, allegedly led to Medicare overpaying approximately $95 million to private insurers, including Aetna and CVS’s SilverScript unit. In June, Judge Goldberg found Caremark liable for the overbilling and initially awarded $95 million in damages. On Tuesday, he applied treble damages as required under the False Claims Act and added $4.87 million in civil penalties, bringing the total award to $289.87 million.

    The court determined that Caremark had acted with reckless disregard and deliberate ignorance, legal standards sufficient to trigger maximum financial penalties under federal law. While the judge concluded that there was no clear evidence Caremark knowingly committed fraud, he emphasized that the company’s failure to properly vet the data it submitted constituted serious misconduct. The decision also upheld the constitutionality of the penalty amount, rejecting arguments that the financial sanctions were excessive under the Eighth Amendment. CVS Health, the parent company of Caremark, expressed disappointment with the ruling and confirmed plans to appeal.

    Court triples damages against CVS under False Claims Act

    The company noted that its core businesses, including CVS Pharmacy and CVS Health Corporation, were not found liable. CVS stated that it remains committed to compliance with all regulatory obligations and believes the penalties imposed do not align with the company’s intent or the circumstances involved. The ruling includes post-judgment interest, which will accrue until the award is paid in full.

    While the federal government stands to recover a significant sum, it remains unclear what portion of the settlement Behnke will receive under whistleblower provisions of the False Claims Act, which typically allow claimants to receive between 15 and 30 percent of recovered funds. This judgment adds to the mounting legal pressures facing CVS. In July, a federal court in Manhattan ordered the company’s long-term care pharmacy unit, Omnicare, to pay $948.8 million in damages and penalties related to the submission of thousands of allegedly invalid prescriptions to federal healthcare programs. CVS has also appealed that ruling.

    Federal Trade Commission flags PBM pricing abuse

    The cases come amid heightened scrutiny of pharmacy benefit managers, or PBMs, which act as intermediaries between drug manufacturers, insurers, and pharmacies. Earlier this year, the Federal Trade Commission released a report identifying significant price markups by major PBMs, including Caremark, on commonly used drugs. The agency’s findings have intensified calls for transparency reforms in the sector. Combined, the penalties against Caremark and Omnicare total over $1.2 billion, underscoring growing enforcement efforts by federal authorities to crack down on fraudulent billing practices within the U.S. healthcare system.

    The Department of Justice has increasingly prioritized False Claims Act litigation, particularly in the Medicare and Medicaid space, as a means to recoup losses and deter systemic abuse. The outcome of CVS’s appeals in both cases could set important precedents for how PBMs operate and are regulated, particularly as the government continues to examine the role of intermediaries in driving up healthcare costs for patients and taxpayers. – By Content Syndication Services.

    Related Posts

    As of early October, Costco raises prices on Kirkland synthetic motor oil to $57.99 and enforces purchase limits

    September 16, 2026

    As of April 2024, PM Carney Enhances Industrial Strategy with New Support Measures

    September 14, 2026

    As of 2028, Quebec Faces the Largest Economic Impact from New US Tariffs

    August 31, 2026

    Canada Announces Expanded Tariffs on US Imports Effective September 8

    August 27, 2026

    On Thursday, the US dollar dips close to a three-month low amid declining bond yields

    August 20, 2026

    British Columbia wildfire evacuations exceed 20,000

    August 10, 2026
    Latest News

    On April 26, Mark Carney Discusses Strategic Autonomy with EU Parliament

    September 18, 2026

    As of early October, Costco raises prices on Kirkland synthetic motor oil to $57.99 and enforces purchase limits

    September 16, 2026

    As of April 2024, PM Carney Enhances Industrial Strategy with New Support Measures

    September 14, 2026

    As of 2028, Quebec Faces the Largest Economic Impact from New US Tariffs

    August 31, 2026

    Canada Announces Expanded Tariffs on US Imports Effective September 8

    August 27, 2026

    Canada prepares retaliatory measures dollar-for-dollar following US import tariffs in early September

    August 25, 2026

    Ontario Lifts Fire Restrictions and Travel Ban as of Thursday Morning

    August 21, 2026

    Research reveals early respiratory risks for youth who vape as of Thursday

    August 21, 2026
    Business

    As of early October, Costco raises prices on Kirkland synthetic motor oil to $57.99 and enforces purchase limits

    September 16, 2026

    As of April 2024, PM Carney Enhances Industrial Strategy with New Support Measures

    September 14, 2026

    As of 2028, Quebec Faces the Largest Economic Impact from New US Tariffs

    August 31, 2026

    Canada Announces Expanded Tariffs on US Imports Effective September 8

    August 27, 2026
    News

    On April 26, Mark Carney Discusses Strategic Autonomy with EU Parliament

    September 18, 2026

    Canada prepares retaliatory measures dollar-for-dollar following US import tariffs in early September

    August 25, 2026

    As Tariffs Are Paused, Trump Suggests Reconsideration of Keystone XL Pipeline in Upcoming Negotiations

    August 21, 2026

    On Wednesday Afternoon, Hwy 401’s Eastbound Lanes Were Shut Following a 3-Vehicle Collision

    August 20, 2026
    Health

    Research reveals early respiratory risks for youth who vape as of Thursday

    August 21, 2026

    Canada set for generic weight-loss drug arrivals this summer

    March 31, 2026

    Study explains exceptional memory in some people over 80

    January 15, 2026

    Stanford researchers restore cartilage in aging joint models

    January 12, 2026
    © 2026 Saskatchewan Star | All Rights Reserved
    • Home
    • Contact Us
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.