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flag Louisiana settles $45M lawsuits against CVS and its PBM over deceptive practices, funding pharmacy reform and fraud efforts.

flag Louisiana has settled three lawsuits against CVS Health and its pharmacy benefit manager unit for $45 million, avoiding prolonged litigation. flag The funds will support new pharmacy benefit legislation and Medicaid fraud initiatives, with collaboration among state agencies. flag The agreement, reached without either party admitting fault, addresses allegations of deceptive practices, anti-competitive behavior, and unfair reimbursements that harmed independent pharmacies. flag The settlement follows a political and legal clash over a failed bill to limit PBM influence, during which CVS faced scrutiny for mass texting campaigns and data misuse. flag CVS said the resolution allows it to focus on lowering healthcare costs and preserving pharmacy access.

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