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State finds millions in Medicaid rebates

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The office of State Comptroller Thomas DiNapoli has identified millions of dollars in uncollected Medicaid monies. Since 1991, New York State has been able to collect rebates on its Medicaid prescription drug costs. Auditors recently discovered that a number of Medicaid providers had been incorrectly classified and rebate requests had not been filed with them. It is estimated that nearly $532 million in rebates could be available to the state.

DiNapoli's office has already secured more than $78 million in additional rebates through correcting the classifications.

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