A $100 million class-action lawsuit settlement has been reached against Walgreens over allegations of overcharging insured customers for generic drugs. The lawsuit claims the practice occurred from 2007 until November last year. According to Gothamist, customers in Walgreens' Prescription Savings Club may have paid more than expected. The deadline to file a claim is April 17, and individual payouts could be as much as $5,000.
A lawsuit reported by Gothamist claims that customers were charged nearly twice the discounted rates promised by the club. One plaintiff in New York and Massachusetts was billed about $188 for medication that was supposed to cost $127.
Walgreens has agreed to a $100 million settlement over allegations of overcharging for generic drugs, though it has not admitted wrongdoing. The settlement, which requires a fairness hearing on September 10, has been preliminarily approved. "We admit no liability and believe these claims never had any merit," a Walgreens spokesperson said, as per Reuters. The lawsuit involved the now-discontinued Prescription Savings Club. Walgreens is also planning to close about 1,200 locations in the coming years.
