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Oklahoma takes CVS Caremark to new PBM court
CVS Caremark accused of underpaying independent pharmacies in attorney general complaint
In the lawsuit, AG Gentner Drummond outlined 200 individual prescription claims that were reimbursed below acquisition cost to 15 Oklahoma pharmacies.
Oklahoma takes CVS Caremark to new PBM court over alleged underpayments
Jan 23 (Reuters) - Oklahoma's attorney general has accused
CVS
's (
CVS
.N), opens new tab
Caremark
pharmacy benefit manager
unit of under-reimbursing pharmacies for prescription drugs. The complaint ...
Oklahoma AG sues CVS Caremark for allegedly underpaying pharmacies on prescription drugs
Oklahoma Attorney General Gentner Drummond filed a lawsuit against CVS Caremark, alleging multiple pharmacy benefit management (PBM) violations.The lawsuit, fil
Oklahoma Attorney General files lawsuit against CVS Caremark for ‘below-cost reimbursement’
Attorney General Gentner Drummond sued CVS Caremark Tuesday in an Oklahoma administrative court alleging that the company is under reimbursing pharmacies for prescription drugs. The lawsuit alleges CVS Caremark reimbursed Oklahoma pharmacies below the actual cost to acquire the drugs about 200 times between May and October 2024.
Oklahoma AG sues CVS Caremark for allegedly underpaying pharmacies on prescriptions
The lawsuit filed by Attorney General Gentner Drummond will be the first case heard in the newly established Pharmacy Benefit Management Administrative Courts.
3d
Only an act of Congress can stop pharmacy monopolies, Sen. Lankford says
Sen. James Lankford has been trying to pass legislation in response to an industry he believes will leave small towns without ...
Becker's Hospital Review
1d
More health systems bringing PBMs in house: 5 things to know
As PBM services have traditionally been dominated by large companies such as CVS Caremark, Express Scripts and OptumRx, health systems are starting to create alternatives. Here are four more things to ...
Michigan Advance
2d
Unions file suit against drug middlemen, insulin makers on behalf of thousands
Unions that provide health benefits to nearly a half-million workers — including many in Ohio — have filed nearly identical ...
pharmaphorum
10d
FTC doubles down on PBM criticism in new report
The new document focuses on the influence of PBMs over the market for specialty generic drugs for illnesses like cancer, ...
Becker's Hospital Review
3d
Big 3 PBM formularies favor private-label biosimilars
Discover how the three largest pharmacy benefit managers are rejecting biosimilars from their formularies, except for their own private-label drugs.
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