Giant Companies Took Secret Payments to Allow Free Flow of …

Dec 17, 2024 · For years, the benefit managers, or PBMs, took payments from opioid manufacturers, including Purdue Pharma, in return for not restricting the flow of pills.

CouponFollow Extension

FAQs about Giant Companies Took Secret Payments to Allow Free Flow of … Coupon?

Why do pharmacy benefit managers take payments from opioid manufacturers?

For years, pharmacy benefit managers took payments from opioid manufacturers, including Purdue Pharma, in return for not restricting the flow of pills, The New York Times’ Chris Hamby reports. As tens of thousands of Americans overdosed and died from prescription painkillers, the middlemen collected billions of dollars in payments, Hamby writes. ...

Did CVS worsen the opioid crisis by filling phony prescriptions?

The U.S. Department of Justice has targeted CVS in a nationwide lawsuit, alleging the retail pharmacy giant worsened the opioid crisis by filling — and using government money to pay for — phony prescriptions for powerful drugs. The civil complaint filed on Friday and unsealed Wednesday names CVS and its numerous subsidiaries in all 50 […] ...

Did CVS ignore prescription fraud?

The U.S. Department of Justice alleges in a civil suit unsealed Wednesday, Dec. 18, 2024, that CVS ignored clear patterns of prescription fraud for opioids and other tightly regulated depressants. (Courtesy of CVS Health) ...

How much money did the middlemen collect from prescription painkillers?

As tens of thousands of Americans overdosed and died from prescription painkillers, the middlemen collected billions of dollars in payments, reported The New York Times on Tuesday. ...

Does CVS Caremark have a'significant concession' to OxyContin?

David Whitrap, a CVS Caremark spokesperson, characterized that as a “significant concession,” enabling clients to restrict the number of OxyContin pills while preserving some rebates from Purdue. When opioid manufacturers struck a deal with a major PBM, they often urged their sales forces to capitalize. ...

Did CVS Health comply with Justice Department investigation?

Kara Page, a spokesperson for the pharmacies’ parent company CVS Health, wrote in an email Wednesday that the firm complied with the Justice Department’s investigation for “more than four years.” “We strongly disagree with the allegations and false narrative within this complaint,” Page wrote. ...