AG, CVS Caremark reach $5M settlement over suit
Enid News & Eagle
Oklahoma Attorney General Gentner Drummond’s office reached a $5 million settlement with CVS Caremark over claims of underpaying Oklahoma pharmacies.Summary
The Oklahoma Attorney General’s Office has settled a lawsuit with CVS Caremark for over $5 million, resolving allegations that the company was under reimbursing Oklahoma pharmacies. While CVS Caremark did not admit to any wrongdoing, the settlement includes a payment to the Attorney General’s office and an agreement to implement reforms to prevent future litigation. Attorney General Gentner Drummond announced the settlement on Monday, marking a resolution to the dispute over pharmacy reimbursement rates within the state. The agreement aims to ensure fair compensation for Oklahoma pharmacies and maintain the stability of the pharmaceutical supply chain.
(Source：Enid News & Eagle)