Attorney General Clark Sues Pharmacy Benefit Managers for Illegally Driving Up Prescription Drug Costs
Date
July 17, 2024
Attorney General Charity Clark today filed a lawsuit against pharmacy benefit managers Evernorth (owner of Express Scripts) and CVS as well as nearly two dozen affiliated entities for unfairly and deceptively driving up prescription drug prices in Vermont. Pharmacy benefit managers (sometimes referred to as “PBMs”) are the “middlemen” who negotiate contracts with pharmaceutical manufacturers, insurance companies, and pharmacies, and dictate the cost of prescription drugs that consumers must pay.