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Company: Centene Corp.
Current Parent Company:
Centene
Parent at the Time of the Penalty Announcement:
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Penalty: $88,300,000
Year: 2021
Date: June 14, 2021
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Mega-Scandal:
Drug Pricing Abuses
Violation Description: Centene agreed to pay $88.3 million to resolve allegations of overcharging Medicaid by charging more than capped industry-standard prices for drugs while acting as a Pharmacy Benefit Manager.
Level of Government: state
Action Type: agency action
Agency: Ohio Attorney General
Civil or Criminal Case: civil
Facility State: Ohio
HQ Country of Current Parent: USA
HQ State of Current Parent: Missouri
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: managed care
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.