Centene to Pay $166 Million to Texas to Settle Lawsuit
The health insurance group Centene Corporation will pay Texas $166 million to settle a lawsuit on Medicaid drug pricing. Centene is currently the largest Medicaid managed care insurer in the country, with 15.4 million enrolled in the system nationwide. This settlement is not the first of its kind, as several states have accused Centene of overbilling their Medicaid programs for prescription drugs and pharmacy services. Although the number of states that have accused Centene is not publicly known, the company had already settled with Arkansas, Illinois, Kansas, Mississippi, New Hampshire, New Mexico, Ohio, and Washington before settling with Texas.
Hopkins Warns of Potential Departure From CareFirst Network
Johns Hopkins warned approximately 300,000 patients that their doctors may stop accepting CareFirst BlueCross BlueShield insurance starting December 5. The warning comes as Hopkins and CareFirst stand at an impasse on negotiations begun in June on rates that the insurance company pays. The contract currently covers approximately 4000 providers at the Johns Hopkins flagship hospital, Bayview Medical Center, Howard County General Hospital, Suburban Hospital, and Sibley Memorial Hospital. Stand-alone ambulatory surgery centers would also be affected by this development. If Hopkins and CareFirst cannot reach an agreement by March 5, which would leave hospital stays uncovered, the Hopkins hospitals in Maryland may also leave the network.