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Oklahoma takes CVS Caremark to new PBM court
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 AG sues CVS Caremark for allegedly underpaying pharmacies on prescription drugs
Oklahoma Attorney General Gentner Drummond filed a lawsuit against CVS Caremark, alleging the pharmacy benefit management (PBM) underpaid pharmacies for prescri
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.
State sues CVS subsidiary, alleging it's shortchanging pharmacies
The suit is the latest salvo in a years-long conflict between the state and Caremark, a subsidiary of drug store chain CVS.
Michigan Advance
15h
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 ...
Modern Healthcare
9d
Big 3 PBMs reaped $7.3B from generic specialty drug markups: FTC
The Federal Trade Commission voted unanimously to release additional findings from its yearslong probe into CVS Caremark, ...
21h
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.
3d
on MSN
United Health Lawsuit Named Among FTC's Biggest Wins
The lawsuit claims that three major healthcare companies were pushing up the price of insulin by 1,200 percent.
8d
on MSN
UnitedHealth, employer of slain exec Brian Thompson, found to have overcharged some cancer patients for drugs by over 1,000%
CVS Caremark Rx blasted the findings for cherry picking certain drugs in an effort to push what it called an 'anti-PBM' ...
1d
Mark Cuban Wants To Reshape Healthcare — 5 Ways His Approach Could Save Americans Money
For many living in America, healthcare is both complicated and expensive. But Mark Cuban thinks there's another way. The ...
6d
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
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 ...
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Related topics
Oklahoma
UnitedHealth Group
Federal Trade Commission
Gentner Drummond
Pharmacy benefit management
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