The state department of financial services filed the charges against internationals Allergan and Teva. New York Governor Andrew Cuomo announced that the Department of Financial Services (DFS) has filed insurance fraud action against international opioid manufacturers Teva and Allergan. The DFS’ filing claims that the firms engaged in dubious marketing strategies for their drugs. The insurance fraud action alleges that Teva and Allergan had engaged in fraudulent marketing and promotional campaigns. Those campaigns, said the filing, misrepresented the effectiveness and safety of opioid drugs in order to broaden the opioid…
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Can a pharmacy drug benefits company play a role in beating the opioid crisis?
A major U.S. pharmacy benefit manager placed a limit on pain pills in the hopes of reducing the risk of their abuse. Express Scripts, the largest pharmacy drug benefits manager in the United States, created a new program to limit prescriptions for new opioid patients. This program will launch across the entire country as of September 1, 2017. The opioid drug limitations will target new patients and will not apply to cancer patients or those in hospice care. According to Express Scripts, the time has come to take a bold…
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