Drug Cos Settle with US for $334M, W/C Next?

Though we haven't seen such action yet in this industry, news yesterday that GlaxoSmithKline Plc and Bayer AG on Wednesday reached the biggest-ever Medicaid fraud settlement with U.S. prosecutors portends a trend in other governmentally regulated systems, and it is just a matter of time before carriers and state regulators begin reviewing actions against drug makers as applied to workers' compensation systems.The drug makers agreed to give the US government a combined $344.6 million to drop charges that the companies inflated prescription drug prices in violation of Medicaid statutes that requ...