GRAND RAPIDS, Mich. (WZZM) -- A pill restocking fraud run by Kentwood Pharmacy cost Medicare more than $64 million; the biggest financial loser in a scam that resulted in more than a dozen arrests.
The second biggest loser was Medicaid; it took an $18.2 million hit in the restocking scam that ran between 2006 and 2010 and resulted in the closing of Kentwood Pharmacy locations in metro Grand Rapids.
Medicare is a federal health care insurance program for people aged 65 and over while Medicaid provides health care coverage for needy, aged and disabled people.
All told, $88.2 million in losses were suffered by the government and three other health care providers, including Blue Cross Blue Shield of Michigan, which pegged its financial loss at more than $4.7 million.
The final tally was disclosed in a restitution order approved this week by U.S. District Judge Robert J. Jonker.