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May 4, 2021
1 Min Read The opioid-liability lawsuit that Arlington County, Virginia, filed in state court in 2019 against a host of drug manufacturers, distributors and pharmacies belongs in federal court, the 4th U.S. Circuit Court of Appeals held Monday in a win for two subcontractors of pharmacy benefits manager Express Scripts Inc. Reversing last year’s ruling by a lower court, the 4th Circuit held that Express Scripts Pharmacy Inc and ESI Mail Pharmacy Service Inc had grounds for federal jurisdictio...
April 8, 2021
Press release content from Business Wire. The AP news staff was not involved in its creation. Cigna + Oscar Expands Small Businesses’ Access to Affordable Health Plans in California April 8, 2021 GMT NEW YORK--(BUSINESS WIRE)--Apr 8, 2021-- Cigna, a leading global health service company, and Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that Cigna + Oscar1 small business health insurance will be ava...
March 17, 2021
To embed, copy and paste the code into your website or blog: By now we should all be well-schooled in the various types and sources of fraud claims, as well as the dangers of undefined fraud carve-outs to the sell-side in an M&A transaction governed by Delaware law. But a recent decision by the Delaware Supreme Court, Express Scripts, Inc. v. Bracket Holdings Corp., 2021 WL 752744 (Del. Feb. 23, 2021), provides an opportunity to reaffirm that prior schooling and ensure, for the sell-side, that...
March 4, 2021
The Delaware Supreme Court, sitting en banc, unanimously held that a trial court committed reversible error by instructing a jury that a seller of a business could be liable for fraud through...
March 3, 2021
In Express Scripts, Inc., et al. v. Bracket Holdings Corp., the Delaware Supreme Court, sitting en banc, reversed and remanded the decision of the Delaware Superior Court, holding...
February 23, 2021
The Delaware Supreme Court on Tuesday threw out a biopharmaceutical company's $82 million jury trial win in a suit alleging Express Scripts Inc. fraudulently skewed its revenues to close a multimillion-dollar acquisition, ruling the trial court gave jurors an "erroneous" instruction and a new trial is warranted.
January 8, 2021
Blue Cross to change pharmacy benefit manager from Express Scripts to OptumRx States largest health insurer renewed contract with Express Scripts in 2018 Michigan Blues says new arrangement will increase access, lower costs Blue Cross Blue Shield of Michigan and Blue Care Network have decided to change pharmacy benefit managers to help reduce prescription prices and more effectively deliver services to members. The switch from St. Louis-based Express Scripts Inc. to Irvine, Calif.-based OptumRx...
January 7, 2021
Michigan Blues to change pharmacy benefit manager from Express Scripts to OptumRx States largest health insurer renewed contract with Express Scripts just in 2018 Michigan Blues says new arrangement will increase access, lower costs for prescription drugs Blue Cross Blue Shield of Michigan and Blue Care Network have decided to change pharmacy benefit managers to help reduce prescription prices and more effectively deliver services to members. The switch from St. Louis-based Express Scripts Inc....
December 24, 2020
Health your username December 24, 2020 On Wednesday, Cigna Corporation and its subsidiary, Express Scripts Inc. filed suit against Arefin Kabir, who was Director of Pharma Strategy and Contracting at Express and is accused of theft of trade secrets and violation of the confidentiality agreements that he signed as an employee of Express. The complaint was filed in the Middle District of Florida. Express is the pharmacy benefit management subsidiary of Cigna and was formed to provide services s...
December 23, 2020
To embed, copy and paste the code into your website or blog: Anthem, Inc., (Anthem) and Express Scripts, Inc., (Express Scripts) had a big win this week, creating another setback for plaintiffs filing ERISA lawsuits against pharmacy benefits managers (PBMs). On December 7, 2020, the Second Circuit Court of Appeals upheld U.S. District Judge Edgardo Ramos’s decision that Anthem and Express Scripts did not violate fiduciary obligations under the Employer Retirement Income Security Act (ERISA) b...