Express Scripts Pharmaceutical Rates Lawsuit: A Legit Class Action? Find Out
Did you hear about Express Scripts Pharmaceutical Rates Lawsuit? It’s not a scam.
Express Scripts is trouble, a lawsuit is accusing them of fixing prices on pharmaceutical rates using their marketing power.
Who Is Behind The Lawsuit Express Scripts Pharmaceutical Lawsuit
The lawsuit says that Express Scripts, Prime, Benecard, and Magellan teamed up in an agreement to lower reimbursement rates and make the fees high. They borrowed Express Scripts’ market power to do this. This so-called “horizontal conspiracy” messed with the normal market rules, giving these companies extra cash but hurting the pharmacies.
If you use Express Scripts for your pharmaceutical coverage, then you are part of this class action.
How To File A Claim
There is no claim form available right now, fill one out when it is.
The lawsuit claims that Express Scripts set reimbursement rates lower than what the smaller companies could get alone. Also, Express Scripts charged these companies a fee every time they had to use those lower rates.
Conclusion
Osterhaus Pharmacy Inc., et al. v. Express Scripts Inc., et al., Case No. 2:24-cv-00039, Is not a scam. Just like the Southern wine and Spirits Settlement, This so-called “horizontal conspiracy” messed with the normal market rules, giving these companies extra cash but hurting the pharmacies.
