prescription drugs News

Johnson & Johnson Worker’s Lawsuit Alleges Company Overpaid for Drugs

Johnson & Johnson was sued by an employee who said the company’s health plan wasted workers’ money by paying inflated prices for prescription drugs. In one instance, the health plan agreed to pay more than $10,000 for a drug to …

2024 Oregon Consumer Laws Include Protections for Homeowners Dealing with Wildfire

Consumer protections for homeowners dealing with wildfire-related issues, property contents coverage, personal data protection and prescription drugs are set to go into effect in 2024. The Oregon Division of Financial Regulation, part of the Oregon Department of Consumer and Business …

Physician and Pharmacists Charged in Texas for $170M Fraud Scheme

A 13-count indictment was unsealed today charging two pharmacists and a physician for their roles in a multimillion-dollar healthcare fraud, kickback and money laundering scheme. A federal grand jury in Houston returned the 13-count indictment Sept. 7, which was unsealed …

Massachusetts Settles With Walmart Over Workers’ Compensation Drug Prices

Retail pharmacy Walmart, Inc. has agreed to pay $500,000 to Massachusetts after allegedly failing to follow the state’s prescription pricing procedures designed to keep costs down in the workers’ compensation insurance system, Attorney General Maura Healey announced. As a result …

Mental Telehealth CEO Ousted as U.S. Probes Prescription Practices

Cerebral Inc. directors voted to oust the mental telehealth giant’s founder and chief executive officer, Kyle Robertson, on Wednesday, as the booming industry draws scrutiny from federal law enforcement and patient advocates. Robertson had built Cerebral into a $4.8 billion …

Under Scrutiny, Some Telehealth Firms Are Rethinking ADHD Drugs

The largest online mental health startup has tightened its prescription practices after criticism by medical professionals that its aggressive social-media marketing and workplace culture made some addictive medications too easy to get. And there are signs that scrutiny of mental …

Amazon.com Offers Prescriptions Starting at $6; Considers Physical Locations

Amazon.com Inc. said on Tuesday it was now offering six-month prescriptions starting at $6 for medications of common health issues through its pharmacy. The company said prime members would get additional savings when paying without insurance. Customers can pay as …

Mental Health Drug Prescriptions on the Rise

The number of Americans taking mental health prescription medication is up 6.4% in the last year, which means that 65 million people (1 in 5) are now prescribed medication to help them cope with stress, anxiety or depression, according to …

Drugmakers Plan to Raise Prices in New Year: Reuters, 3 Axis Advisors

Drugmakers including Pfizer Inc., Sanofi SA, and GlaxoSmithKline Plc plan to raise U.S. prices on more than 300 drugs in the United States on Jan. 1, according to drugmakers and data analyzed by healthcare research firm 3 Axis Advisors. The …

Market Value of Insurers, Drugstores Drops on Amazon Plans to Sell Prescription Drugs

The leading drugstores, drug distributors and health insurers lost about $22 billion in market value Tuesday after Amazon.com Inc. revealed plans to start selling prescription drugs to its Prime members in the U.S. The long awaited move pushed Walgreens Boots …