U.S. Busts $108 Million Black Market in Medicaid Drugs

Operators of a nationwide black market have illegally sold more than $100 million of expensive HIV medications and other drugs obtained from patients on the government-run Medicaid health insurance plan, U.S. authorities said on Tuesday. Four dozen people were charged in documents unsealed in Manhattan federal court with running a scheme to repackage and sell medication bought on the street from recipients of Medicaid, the medical insurance program for the poor and disabled. (Katz, Reuters, 7/17)