RH Jones re: Settlements

From RH Jones, January 27, 2009
Subject: Fw: Want to know what the Ohio Attorney General's Office has been up to?

To all:

One would hope that our STRS OH would attempt to get part of these settlements. And let the membership know the amount of such rewards.

My personal opinion,

RHJones, retired teacher member STRS OH

From John Curry, January 26, 2009
Subject: Want to know what the Ohio Attorney General's Office has been up to?

The office of the Ohio AG has been in turmoil for the first part of last year but....a lot of good has also been coming from that very same office. The following is a compilation of settlements that benefitted Ohioans during 2008. There were other settlements but, listed below are the ones that involve pharmaceutical manufacturers or pharmacy benefits managers. Kudos go to the Ohio AG's office and all who helped in protecting Ohioans against being fleeced! Following each link below is a brief summary of each settlement....for more detail, click on that link to see an official press release of the respective settlement.

John
http://www.ag.state.oh.us/press/08/10/pr081022.pdf (a $60 million dollar settlement against Pfizer-a multi state (multiple AG's) settlement for alleged deceptive promotion of an Rx)

http://www.ag.state.oh.us/press/08/10/pr081007.pdf (a $62 million dollar settlement against Lilly pharmaceuticals for alleged improper marketing)

http://www.ag.state.oh.us/press/08/05/pr080527.pdf (a $9 million multi-state settlement against a pharmacy benefits manager - Express Scripts for alleged "drug switching." Ohio was awarded $400,000 for allegedly "doing the 'ol switcheroo" with the Rx)

http://www.ag.state.oh.us/press/08/03/pr080318_b.pdf (a $1.6 million settlement awarded Ohio in a settlement against CVS/Caremark for alleged improper billing)

http://www.ag.state.oh.us/press/08/02/pr080214_c2.pdf - (a settlement for $25,000 for each "deceptive act" accomplished by PBM Caremark)

http://www.ag.state.oh.us/press/08/02/pr080207c.pdf - (a $30 million settlement against Merck - a pharmaceutical manufacturer for allegedly "fleecing" Medicaid)