National Association of Attorneys General
Attorneys General Call for Federal Legislation to Return Prescription Drug Settlement Money to the States
For Release: May 17, 2017 | Noon Eastern time
Contact: Marjorie Tharp | 202-326-6047 | email@example.com
Washington, DC---The National Association of Attorneys General (NAAG) sent a letter today to the U.S. Senate Finance Committee chair and ranking member, asking them to introduce legislation that would allow the federal government to return prescription drug settlement money to the states.
At issue is a prescription drug benefit, known as Medicare Part D, for individuals covered by both the Medicare and Medicaid programs. This benefit has been paid for by the federal government and the states. Over the last 10 years, the federal government has recovered tens of millions of dollars in pharmaceutical fraud settlements involving Part D drugs, however the states have never received any share of the money.
“A specific statute authorizing the federal government to share recoveries with the states is appropriate here as a matter of equity and fundamental fairness…” the NAAG letter reads. “We request your assistance in addressing this inequity and recommend federal legislation that would allow the federal government to return a proportionate share of all Part D recoveries to the states.”
The letter was signed by attorneys general in 49 states, the District of Columbia and Puerto Rico. It can be found here.
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The National Association of Attorneys General (NAAG), www.naag.org, was founded in 1907 to help attorneys general fulfill the responsibilities of their office and to assist in the delivery of high quality legal services to the states and territorial jurisdictions.