Tuesday, June 15, 2021

CNC resolves claims w/ Miss., Ohio

ST. LOUIS - Centene Corporation (CNC) announced June 14 that it has reached no-fault agreements with the Attorneys General of Ohio and Mississippi to resolve claims made by the states related to services provided by Envolve Pharmacy Solutions (Envolve), its pharmacy benefits manager subsidiary. Under the terms of these agreements, Centene will pay $88M to Ohio and $55M to Mississippi. The practices described in the settlement focus on the structure and processes of Envolve, primarily during 2017-18. In the settlements, the company denies any liability for these practices.  As a result of the settlement, the Ohio Attorney General's litigation against the Company will be dismissed. Centene Corporation is a leading multi-national healthcare enterprise that is committed to helping people live healthier lives. (Source: PR Newswire 06/14/21) Centene Reaches No-Fault Agreements with Ohio and Mississippi to Resolve Pharmacy Subsidiary Claims | Benzinga

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