Updated - Anthem Sues Express Scripts For A Bigger Slice Of Drug Savings
Alison Kodjak
Updated March 22, 20167:43 AM ET
Published March 21, 20163:16 PM ET
The battle over drug prices escalated Monday when health insurance giant Anthem Inc. sued Express Scripts, a manager of drug benefits, to get a bigger share of savings on prescription medicines.
Anthem is looking for a change in its contract with Express Scripts, which handles drug benefits for 80 million people. The insurer says it's overpaying for pharmaceuticals and not benefiting from rebates the pharmacy benefit manager has negotiated with drugmakers.
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