Big Pharma bilks Medicaid; Obama backs industry

Posted by Kromey at 5:38pm Jan 18 '11
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Short version: Big Pharma for years has violated Medicaid drug discount program laws, cheating local governments out of tens of millions of dollars over 6 years; Santa Clara County alone was overcharged by more than $6 million in just 1999.

So, Big Pharma's at it again. Hardly news, right?

The twist is who is supporting Big Pharma here: Obama's own administration, despite his pledge to cut health care costs, is fighting the lawsuit to recover those ill-gotten dollars alongside the industry.
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