(AOF) – A group of four pharmacies has filed a proposed class action against Express Scripts Inc (ESI), the pharmacy benefits management unit of Cigna Group: the complaint accuses the company of colluding with its competitor Prime Therapeutics to charge higher fees and reimburse pharmacies at lower rates. The complaint filed in federal court in Milwaukee, Wisconsin, denounces the three-year collaboration agreement announced in 2019 by the two companies as a pretext to fix reimbursement rates and fees.
“We are committed to reimbursing network pharmacies fairly and will vigorously defend against the baseless allegations in this complaint,” Express Scripts said in a statement cited by Reuters.
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A great dynamic of development for French life insurance
The progression of life insurance continues over the months. Over the first four months of the year, contributions reached 53.7 billion euros, a level not seen in more than ten years. At 10.5 billion euros, net collection also returned to its highest level since 2011 over a similar period. Ultimately, at the end of April 2022, outstanding life insurance contracts reached 1,847 billion euros, up 1.1% year-on-year. These good performances are partly linked to the growing success of the PER (Retirement Savings Plan). Since the start of 2022, the PERs marketed by an insurer have shown 592,000 additional policyholders and 9.3 billion euros in payments. At the end of April 2022, 3.2 million policyholders held a PER, which represented an outstanding amount of 39 billion euros. Without taking transfers into account, 87% of new PER holders (at the end of December 2021) had taken it out with an insurer.