Montana to receive $218K in settlement funds from Medicaid case

2013-05-23T05:40:00Z 2013-05-26T22:27:04Z Montana to receive $218K in settlement funds from Medicaid caseThe Associated Press The Associated Press
May 23, 2013 5:40 am  • 

HELENA — Montana is expected to receive nearly $218,000 from a $500 million legal settlement over allegations that an India-based pharmaceutical manufacturer distributed adulterated drugs.

Attorney General Tim Fox said the adulterated drugs resulted in false or fraudulent claims submitted to Montana's Medicaid program.

The company, Ranbaxy, agreed to pay states and the federal government $350 million in civil damages and penalties, as well as $150 million in criminal fines and forfeitures.

Terms of the deal were released last week.

Fox said in a statement Wednesday that the total portion recovered by Montana is $762,386, while the net amount available for the state's use is $217,961.

Montana's share will go to the state Department of Public Health and Human Services, which administers Montana's Medicaid program.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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