Walmart to pay $500,000 over workers’ compensation prescription procedures

Walmart (WMT) has agreed to pay $500,000 after allegedly failing to follow prescription pricing procedures that are in place to keep costs down and prevent overcharges in the workers’ compensation insurance system, Massachusetts’s Attorney General Maura Healy announced on Tuesday. The pricing procedures, required by Massachusetts regulations, ensure that prescription costs will be reviewed against certain regulatory benchmarks. According to the assurance of discontinuance, filed this week in Suffolk Superior Court, Walmart allegedly failed to follow those regulations when applying prices for various injured worker prescriptions from 2016 to the present, at Walmart pharmacy locations in Massachusetts, the AG said. This case is part of an ongoing review by the Attorney General’s Office into prescription pricing procedures in the workers’ compensation system. AG Healey has now reached settlements with Walmart, Express Scripts (CI), Optum Rx, Walgreens (WBA), Stop & Shop, and United Pharmacy for workers’ compensation drug pricing violations totaling over $16 million.Reference Link