Contribute Try STAT+ Today

The Ohio Attorney General has filed a lawsuit alleging Express Scripts overcharged a state pension plan for generic drugs and “silently” pocketed millions of dollars, the second time in two years the state has accused a big pharmacy benefit manager of overcharging for medicines.

Specifically, Express Scripts failed to satisfy pricing guarantees in a contract with the Ohio State Highway Patrol Retirement System and “repeatedly misclassified” generic drugs as brand-name medicines. The contract carried a lower pricing guarantee for brand-name drugs, causing the pension plan to overpay for numerous drugs, according to the lawsuit filed in an Ohio state court.

Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!

GET STARTED

What is it?

STAT+ is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.

What's included?

  • Daily reporting and analysis
  • The most comprehensive industry coverage from a powerhouse team of reporters
  • Subscriber-only newsletters
  • Daily newsletters to brief you on the most important industry news of the day
  • STAT+ Conversations
  • Weekly opportunities to engage with our reporters and leading industry experts in live video conversations
  • Exclusive industry events
  • Premium access to subscriber-only networking events around the country
  • The best reporters in the industry
  • The most trusted and well-connected newsroom in the health care industry
  • And much more
  • Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.
  • The closing line is a quote that is “artfully worded.” The PBM’s ” will save over $39 billion dollars. ” It begs the question, how much have they previously cost the good citizens?

Comments are closed.