St. Vincent de Paul Community Pharmacy will soon receive $68,000 as part of a settlement reached with two of the nation’s largest pharmacy benefits management companies, a spokeswoman with the Louisiana Attorney General’s Office said Tuesday.
The benefits management companies — Express Scripts, Inc., and Caremark Rx, LLC — are accused of violating Louisiana’s unfair trade practices and consumer protection law, state Attorney General’s Office spokeswoman Amanda Larkins said in a news release.
The Attorney General’s Consumer Protection Division pursued the matter, joined multi-state litigation and
received a portion of the settlement proceeds, Larkins said.
That portion is more than $620,000 and will go to 12 registered charitable pharmacies across the state, including St. Vincent de Paul Community Pharmacy, Larkins said.
“These funds will directly benefit the working poor, underinsured and uninsured in communities around the state,” state Attorney General Buddy Caldwell said in the news release.
“We are pleased that we are able to aid those organizations that provide our citizens with medications that they could not otherwise afford.”