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On Nov. 9, the Louisiana Department of Insurance fined Express Scripts and MedImpact for delays in paying adjudicated claims on behalf of the Office of Group Benefits, which provides benefits to state employees, retirees, and their eligible dependents. The LDI began its investigation after receiving complaints from 19 independent pharmacies, which were further substantiated by the Louisiana Independent Pharmacies Association.
Cigna Group (NYSE: CI) and Humana Inc (NYSE: HUM) are reportedly discussing a merger deal to create a new powerhouse in the health insurance industry.
Arizona is suing multiple pharmacy benefit managers and manufacturers, accusing them of raising insulin prices as a result of rebate schemes.
Many of 630,000-plus diabetic Arizonans are paying far more than they should, says suit by Attorney General Kris Mayes.