A minor ripple in the media, the Associated Press reviewed Medicaid records and found that since 2004, Medicaid has paid at least $200 million for unapproved drugs (perhaps $50MM per year). “Unapproved” sounds scary, right? These drugs are DESI drugs that are not normally reimbursed. $200 million pales in comparison to the amounts that Medicaid has paid. For example, in FY2006 alone, Medicaid paid out $303,882,398,422.
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