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Oklahoma Attorney General files lawsuit against CVS Caremark
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
Oklahoma's attorney general has accused CVS's Caremark pharmacy benefit manager unit of under-reimbursing pharmacies for prescription drugs.
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.
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
Michigan Advance
1d
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 ...
Becker's Hospital Review
7h
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 ...
Healthcare Dive
16d
CVS successfully converts commercial pharmacy contracts to “cost plus” model
CVS’ efforts to reform how its pharmacies are paid have reached a significant milestone that should stabilize flagging margins.
9h
Missouri, federal legislators seek to regulate PBMs
Even as a move to regulate pharmacy benefit managers like Express Scripts gets bipartisan support in Congress, a Missouri ...
7d
on MSN
How UnitedHealth and Rivals Made $7.3 Billion Marking Up Drugs: FTC
The Federal Trade Commission said three top pharmacy suppliers made profits of 7,700 percent on a lifesaving hypertension ...
1d
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 many pharmacy options.
2d
CVS Health Corp. announces more layoffs in letter to CT and Hartford officials
CVS notified Susan Fracasso, rapid response coordinator for the state Department of Labor and Hartford Mayor Arunan ...
3d
on MSN
Trump has promised to ‘knock out’ pharmacy benefit managers. How the drug middlemen became a $557 billion industry that its customers love to hate
The industry says it keeps down the cost of prescription drugs, but critics say it's profiting at the expense of patients.
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Related topics
Oklahoma
UnitedHealth Group
Federal Trade Commission
Gentner Drummond
Pharmacy benefit management
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