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CVS Faces Pricing Suit from BCBS and CareFirst


Health
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May 24, 2021
On Friday, a suit was filed by CareFirst of Maryland, Blue Cross Blue Shield of South Carolina, and and other affiliated organizations against CVS Health Corporation. The complaint, filed in the District of Rhode Island, alleged a systematic fraudulent scheme by CVS to provide incomplete pricing data and inflate the amounts paid by CareFirst in order to offset the amounts paid by patients not providing insurance information.
The insurance plaintiffs negotiated with CVS regarding payment of prescription drugs through entities known as Pharmacy Benefit Managers (PBMs). These PBMs obtained payment rates by reviewing the usual pricing rate offered by CVS for the prescription drugs and offering a set discount from those rates for their members. Therefore, any inflation of the usual pricing rate would result in a larger payment by the insurance company. The plaintiffs alleged that CVS offered a fictitious usual rate that was not in fact ....

Rhode Island , United States , South Carolina , Stein Mitchell Beato Missner , Health Corporation , Blue Cross Shield , Pharmacy Benefit Managers , Maryland Consumer , Virginia Consumer , South Carolina Unfair , Partridge Snow , Stein Mitchell Beato , ரோட் தீவு , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கரோலினா , ஆரோக்கியம் நிறுவனம் , நீலம் குறுக்கு கவசம் , மருந்தகம் நன்மை மேலாளர்கள் , வர்ஜீனியா நுகர்வோர் , பார்ட்ரிட்ஜ் பனி , ஸ்டீன் மிட்செல் பீட்டோ ,

Virginia Enacts Consumer Data Protection Act - Privacy


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The Governor of Virginia signed the state s Consumer Data
Protection Act (VCDPA) into law, marking it the second state in the
U.S. to codify a major privacy and data protection law, after
California. The VCDPA follows some of the arrangements of the
California Consumer Privacy Act (CCPA) as amended by the Consumer
Privacy Rights Act (CPRA), but still departs from them in important
parts.
Effective January 1, 2023, the VCDPA applies to personal data so
long as it is not de-identified data or publicly available ....

United States , Consumer Data , Protection Act , California Consumer Privacy Act , Privacy Rights Act , Virginia Consumer , Data Protection , ஒன்றுபட்டது மாநிலங்களில் , நுகர்வோர் தகவல்கள் , ப்ரொடெக்ஶந் நாடகம் , கலிஃபோர்னியா நுகர்வோர் ப்ரைவஸீ நாடகம் , ப்ரைவஸீ உரிமைகள் நாடகம் , வர்ஜீனியா நுகர்வோர் , தகவல்கள் ப்ரொடெக்ஶந் ,