North Carolina Reached Settlement with Bristol-Myers Squib

North Carolina’s Medicaid program was awarded $14.8 million in a settlement with Bristol-Myers Squib, as reported by CNNmoney.com. The amount going to the state of North Carolina is part of a $515 million agreement that was previously announced including other states as well as the District of Columbia, and the federal government. The allegation that was initially filed claimed that the drug company made the state too much for the drugs. State Attorney General Roy Cooper announced that

$2.9 million of the settlement will go to the state Medicaid program, $2.7 million to public schools and the rest to reimburse state costs.

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