Tuesday, October 26, 2010

Big Pharma Takes Top Prize


Pharmaceutical companies made up eight of the government's top 10 settlements related to fraud in the last year and were the number one source in fraud-related settlements with the Department of Justice. I want to be the first to say congratulations on a job well done! You must be very proud of yourselves.

Now let's get some of the managed care companies for some of the things that they do. For example, asking patients to change their medications to a generic version of their drug even when there is no generic version of the drug! Cheaper (for the health insurance company) does not mean generic. I have seen them tell one of my patients that glipizide is the same as Actos. Untrue. I had someone recently ask me to switch fromTrilipix to generic Tricor. The latter still has the black box warning when combining it with a statin, which the patient was on. I really wouldn't mind switching but it does put me at a legal risk if something goes wrong. These are the fraudulent games that the managed care companies play and so I am just hoping they get nailed someday as well. A man can dream, can't he?