Grassley Urges Administration to Fix Misclassification of EpiPen, Other Drugs Under Medicaid Drug Rebate Program - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
June 16, 2017 Newswires
Share
Share
Post
Email

Grassley Urges Administration to Fix Misclassification of EpiPen, Other Drugs Under Medicaid Drug Rebate Program

Congressional Documents & Publications

For months, Sen. Chuck Grassley has pressed for the accurate classification of prescription drugs under the Medicaid Drug Rebate Program. Grassley's work was prompted by the news that EpiPen maker Mylan was in discussions with the Justice Department to settle a case and repay the taxpayers for over-charging for EpiPen. The Department of Health and Human Services Office of Inspector General most recently told Grassley that the taxpayers may have overpaid for EpiPen by as much as $1.27 billion from 2006 through 2016, far more than previously discussed. Grassley also is seeking accurate overpayment amounts for Dilaudid and Prilosec, two other popular drugs that reportedly were misclassified. Grassley made the following comment on the news that the White House is working on an executive order to address the high cost of prescription drugs.

"I'm very interested in the executive order. The Administration is right to focus on the high cost of prescription drugs. The sticker shock is real. It affects people paying out of pocket, and it affects spending by Medicaid and Medicare. One step the Administration could and should take immediately is to make sure all prescription drugs are classified the right way under the Medicaid Drug Rebate Program. Billions of dollars owed to the taxpayers are at stake. We're all worried about health care spending and trying to get the most bang for the buck. Holding prescription drug companies accountable for their obligations to taxpayers is a good place to start. It's unclear why the previous administration apparently let Mylan get by for years with over-charging for EpiPens, and apparently other companies with their drugs, but there's a chance now to fix that mistake. The current administration should do it."

Grassley's letter to then-President-elect Trump urging appropriate classification under the Medicaid Drug Rebate Program is available here http://www.grassley.senate.gov/sites/default/files/constituents/2016-12-12%20CEG%20to%20Trump%20%28Drug%20Pricing%20and%20Competition%29.pdf. Grassley's January letter to the outgoing administration on the issue is available here https://www.grassley.senate.gov/sites/default/files/constituents/2017-01-04%20CEG%20to%20CMS%20%28Drug%20Misclassifications%29..pdf. His Oct. 3 letter to the prior administration on the EpiPen misclassification is available here http://www.grassley.senate.gov/sites/default/files/constituents/2016-10-03%20CEG%20to%20CMS%20%28EpiPen%20Misclassification%29.pdf.

Read this original document at: https://www.grassley.senate.gov/news/news-releases/grassley-urges-administration-fix-misclassification-epipen-other-drugs-under

Older

HHS Secretary Price To Durbin: I Have Not Seen Senate Republicans’ Plan To Repeal Health Care

Newer

ISAKSON HIGHLIGHTS CHOICE, APPEALS REFORMS AS CRITICAL VA PRIORITIES

Advisor News

  • Global economy ‘resilient’ in the wake of massive disruption
  • Cryptocurrency legislation takes one step forward with bipartisan support
  • IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
  • The hidden flaw in insurance AI adoption for advisors and carriers
  • Rising healthcare costs impact 401(k) accounts
More Advisor News

Annuity News

  • MetLife Expands Guaranteed Retirement Income Offering with Innovative Flexible Annuity Option
  • How annuities can help protect retirees from financial scams
  • MetLife Inc. (NYSE: MET) Climbs to New 52-Week High
  • The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
  • AuguStar Retirement launches StarStream Variable Annuity
More Annuity News

Health/Employee Benefits News

  • Reed: Can these assets be saved?
  • Virginia program cuts costs of health insurance under Obamacare
  • Retirement, health insurance costs to put pressure on future Baker City budgets
  • The United States may be the best place to build universal health care (Opinion)
  • PacificSource cuts 97 Oregon jobs amid retreat from health insurance markets
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Halyk-Life, JSC
  • AM Best Affirms Credit Ratings of Symetra Financial Corporation and Its Subsidiaries
  • AM Best Assigns Credit Ratings to Park Avenue Life Insurance Company
  • Nationwide reaches reinsurance agreement with MassMutual on UL policy block
  • Best’s Market Segment Report: AM Best Maintains Outlook on Philippines’ Non-Life Insurance Segment at Stable
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

Press Releases

  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet