Tags: BNTEAMS | BUSINESS | COS | DCAA | DRG | FINNEWS | GOV

Fed Audit: Medicare Illegally Paid for Seniors’ Viagra

Tuesday, 15 Mar 2011 12:32 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Medicare improperly spent more than $3 million in 2007 and 2008 to buy Pfizer Inc.’s Viagra and other erectile dysfunction drugs for senior citizens, government investigators said.

The purchases violated a 2005 ban on covering the drugs under the health program for the elderly and disabled. Medicare administrators blamed the spending on a software error and said they would try to recover payments to private insurers who administer the program’s drug plans.

Medicare “should not have covered these drugs,” George Reeb, acting deputy inspector general for audit services at the U.S. Department of Health and Human Services, wrote in a report released today. He recommended that Medicare work with the Food and Drug Administration to maintain a list of prohibited drugs. Medicare administrators, in a response to the report, rejected the suggestion as unnecessary.

Medicare paid a total of $3.1 million for erectile dysfunction drugs in the period examined, more than $3 million of which was for Viagra, which had 2010 sales of $1.9 billion based on data compiled by Bloomberg. Other drugs purchased included Eli Lilly & Co.’s Cialis, the report said.

The purchases were a fraction of Medicare’s drug spending in 2007 and 2008, which totaled $133 billion, according to the report

Medicare’s administrators told the inspector general that they would fix the flaw by updating computer databases with codes for the prohibited drugs. Medicare also paid for an undetermined amount for erectile dysfunction drugs in 2009 and 2010, Reeb said.

© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Judge Orders Extra Voting Help for Alaska Natives

Monday, 22 Sep 2014 20:37 PM

A federal judge on Monday ordered the state to take additional steps to provide voting materials to Alaska Native voters . . .

Pew Poll: Nearly Half of Americans Want More Religion in Politics

Monday, 22 Sep 2014 19:55 PM

Almost half of Americans think religion and politics should mix, according to a new survey.
 . . .

GAO: Feds' Consumer Watchdog Not Protecting Credit Data

Monday, 22 Sep 2014 19:45 PM

The agency created by President Barack Obama to protect consumers from financial fraud has amassed sensitive credit-card . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved