PBMs and access to prescriptions | Lawsuits abound against Express Scripts as parent company reports strong financial position
A class-action lawsuit against the
Defendants also include Highmark and
The class action filed on behalf of
The multi-billion-dollar group foresees financial growth through 2026, following what Cigna reported as a strong financial year in 2025 – generating
Aside from revenue generated from managing drug plans on behalf of insurers, PBMs have other ways of drawing funds, some of which are highlighted by a flurry of recent lawsuits against
One lawsuit from a
Drug companies must negotiate with PBMs to get their drugs on customers’ prescription plans. In exchange for their drug’s placement on a prescription plan, PBMs secure rebates, which PBMs say are used to reduce the cost of drugs for customers.
The Plumbers’
Failing to pass rebates along to health care payers was among 29 findings of state law violations stemming from an examination of Express Scripts’ business practices by the
The order is separate from another lawsuit filed by the
A spokesperson for the
The insurance commissioner’s examination found, in addition to rebate concerns, that the PBM failed in its role to fairly reimburse pharmacies for the cost of prescription drugs.
The
That order came about a month after the
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