Walgreens asks federal court to toss Humana's $642M payout in drug pricing case
Walgreens petitioned a federal court on Friday to toss Humana’s $642 million arbitration award in a squabble over prescription drug prices, arguing that “no ordinary reader of the contract at issue would find that Walgreens had done anything wrong.”
Humana filed an arbitration demand in 2019, accusing Walgreens of a decade plus-long scheme to overcharge the company and its members through “unlawfully inflated” prices on prescription drugs, according to documents filed with the DC court last week. The issue stems from Walgreens’ Prescription Savings Club, a pharmacy program designed to help uninsured or underinsured patients to access lower prices. In filing reimbursement claims to Humana, the pharmacy chain reported the standard retail prices as its “usual and customary” (U&C) prices, not the special rates.
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