CVS Settles With New York Over Expired Product Sales; North Carolina Gets Grant For High-Risk Pool
Main Category: Pharmacy / PharmacistAlso Included In: Health Insurance / Medical Insurance
Article Date: 12 Nov 2009 - 5:00 PDT
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New York Attorney General Andrew Cuomo announced Tuesday that CVS, the drug story chain, has agreed to pay $875,000 to settle charges that it sold products years after their expiration dates, Reuters reports. The out-dated products, sold at 142 different stores, included "over-the-counter drugs, baby formula, eggs and milk," and in some cases items were sold more than two years after expiring (Stempel, 11/10).
"A CVS spokesman says the company is committed to keeping expired products off shelves and that the settlement doesn't include any admission of wrongdoing," The Associated Press reports. "Cuomo reached a similar settlement with Rite Aid in 2008" (11/10).
In North Carolina, the federal government is giving that state a $1.5 million grant to provide monthly subsidies to people to aid participation in the state's high risk insurance pool, North Carolina News Network reports. "The state's high risk pool provides health care coverage for those who cannot find affordable insurance in the private market" (Reinhardt, 11/11).
This information was reprinted from kaiserhealthnews.org with kind permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Health Policy Report, search the archives and sign up for email delivery at kaiserhealthnews.org.
© Henry J. Kaiser Family Foundation. All rights reserved.
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MLA
15 Feb. 2012. <http://www.medicalnewstoday.com/releases/170721.php>
APA
http://www.medicalnewstoday.com/releases/170721.php.
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