Monday, April 26, 2010

Federal Officials Confirm States May Lose Some Medicaid Drug Rebate Money

"The federal agency that oversees Medicaid confirmed Thursday that some money states receive as rebates from drugmakers will now be redirected to the federal government to help pay for the new health overhaul," Kaiser Health News reports. "However, federal officials said that states' losses would be offset by other changes in Medicaid, the federal-state health care program for low-income people...


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