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| Fri, Dec. 5, 2008 |  |
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Arkansas, 28 other states reach settlement with Express Scripts Wednesday, May 28, 2008 Arkansas News Bureau LITTLE ROCK - Arkansas and 28 other states have reached a $9.5 million settlement with Express Scripts Inc., one of the nation's largest pharmacy benefits management companies, over allegations of deceptive business practices, state Attorney General Dustin McDaniel announced Tuesday. Arkansas will receive at least $130,000 in the settlement. The state claimed Express Scripts engaged in deceptive business practices by encouraging doctors to switch patients to different brand-name prescription drugs under the guise that the patients and/or health plans would save money. Doctors, however, were not informed of the effect the switch would have on costs to patients and health plans. The settlement requires the St. Louis-based Express Scripts to modify how it handles drug switches by, among other things, requiring the company to inform patients and prescribers what effect a drug switch will have on a patient's co-payment, to obtain express authorization from the prescriber for all drug switches and to reimburse patients for out-of-pocket expenses for drug switch-related health care costs. |
