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Wednesday, Oak Street Health, a subsidiary of CVS Health Inc (NYSE:CVS), agreed to settle for $60 million following allegations that it violated the False Claims Act. The claims involved paying kickbacks to third-party insurance agents to recruit seniors to its primary care clinics, a practice that led to false Medicare submissions. Also Read: Pharmacy Chains Like CVS Health, Walgreens Boots Alliance Confront Shifting Consumer Habits And Profit Pressures. The allegations center around Oak Street Health’s Client Awareness Program, launched in 2020, which aimed to increase membership through third-party insurance agents. These agents targeted seniors enrolled or ...


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