The federal government’s Office of Inspector General (OIG) has issued a new report concluding that only 62% of drugs paid for by Medicaid were approved by the FDA, meaning 38% were not approved.  The approved drugs represented 75% of total Medicaid expenditures in 2008, meaning 25% of Medicaid’s drug expenditures were not approved.

A summary of the OIG’s report can be found on its website.  The OIG’s complete report can be found here.