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CVS and Walgreens sued on ‘clawbacks’ of prescription drug co-pays

We had first reported about pharmacies doing ‘clawbacks’ on prescription drug co-pays in our blog -http://springsmd.com/prescription-drug-costs. Bloomberg now reports that California customers are suing CVS pharmacy and Walgreens over the ‘clawbacks’.

CVS Health Corp. and Walgreens Boots Alliance Inc. were sued by California customers who accused the drugstore operators of charging co-payments for certain prescription drugs that exceed the cost of medicines.

It is further reported that the customers paid $166 with insurance when the cash price was $92.  The price of drug was expensive with insurance!!

CVS, the largest U.S. pharmacy chain by number of stores, overbilled consumers who used insurance to pay for some generic drugs and wrongfully hid the fact that the medicines’ cash price was cheaper, Megan Schultz said in her lawsuit. Schultz said in one case she paid $166 for a generic drug that would have cost only $92 if she’d known to pay cash. https://www.bloomberg.com/news/articles/2017-08-08/cvs-health-is-sued-over-clawbacks-of-prescription-drug-co-pays

Read the full story here – CVS Health Is Sued Over ‘Clawbacks’ of Prescription Drug Co-Pays

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