Iowa Pharmacist Acquitted of Insurance Fraud Charges in Hemophilia Drug Case

Jurors acquitted an Iowa pharmacist of health care fraud, rejecting allegations that he fraudulently billed Iowa’s largest health insurance company for life-saving drugs sent to hemophilia patients. The federal jury in Des Moines returned the verdict in the case of Michael Stein, the owner of Pharmacy Matters in Iowa City. It was a defeat for the U.S. Attorney’s office and Des Moines-based Wellmark Blue Cross and Blue Shield.