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	<title>CommonHealth | CVS</title>
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		<title>Coakley Recovers $2.65 Million From CVS For Overpricing</title>
		<link>http://commonhealth.wbur.org/2010/08/coakley-recovers-2-65-million-from-cvs-for-overpricing</link>
		<comments>http://commonhealth.wbur.org/2010/08/coakley-recovers-2-65-million-from-cvs-for-overpricing#comments</comments>
		<pubDate>Mon, 30 Aug 2010 18:55:39 +0000</pubDate>
		<dc:creator><![CDATA[Rachel Zimmerman]]></dc:creator>
				<category><![CDATA[Money]]></category>
		<category><![CDATA[CVS]]></category>
		<category><![CDATA[Martha Coakley]]></category>
		<category><![CDATA[prescription drugs]]></category>

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		<description><![CDATA[AG Martha Coakley Recovers $2.65 million From CVS for Overpricing.]]></description>
                <content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-925" src="http://commonhealth.wbur.org/files/2010/08/CVS-300x225.jpg" alt="" width="300" height="225" />Attorney General Martha Coakley announced an <a href="http://www.businessweek.com/ap/financialnews/D9HTTR700.htm">$2.65 million agreement with CVS</a> over alleged overpricing by the national pharmacy chain, <em>Bloomberg Businessweek</em> reports.</p>
<p>An investigation found that the drug chain was overcharging public entities for prescription medications under the workers compensation program. According to a <a href="http://www.mass.gov/?pageID=cagopressrelease&amp;L=1&amp;L0=Home&amp;sid=Cago&amp;b=pressrelease&amp;f=2010_08_30_cvs_agreement&amp;csid=Cago">news release</a> from Coakley&#8217;s office:</p>
<p>&#8220;The city of Boston will receive $60,000 in restitution, and the cities of Brockton, Lowell, Fall River, and Springfield will each receive refunds in excess of $10,000.  Other cities and towns will receive lesser amounts, based on the volume of overcharges applicable to those towns.  On average, the municipalities will receive approximately $4,500 each.&#8221;</p>
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