Florida to receive $56 million in GlaxoSmithKline Medicaid fraud settlement

Florida gets a share

Florida's share of pharmaceutical company GlaxoSmithKline Medicaid fraud settlement — the largest health care fraud settlement in the nation's history — is $56.7 million.

"I am proud to say that this agreement makes Florida whole for the deceptive practices that misled consumers and defrauded the Medicaid program out of money," Florida Attorney General Pam Bondi said in the news release.

Here is how Florida's portion of the settlement will be allocated:

$31.8 million to the federal government;

$11.3 million to Florida's Agency for Health Care Administration;

$10 million to the state's general fund;

$1.1 million to the Attorney General Office;

$2.4 million to whistle-blowers who were instrumental in the investigation.

Florida to receive $56 million in GlaxoSmithKline Medicaid fraud settlement 07/02/12 [Last modified: Tuesday, July 3, 2012 8:35am]

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