Health Care Inc. is a newsletter that tracks the flow of money in medicine. An audit revealed that Express Scripts, a major pharmacy benefit manager, overcharged U.S. Postal Service employees by $45 million for prescription drugs. The overcharges were linked to drug rebates that were supposed to be refunded but were kept by Ascent Health Services, a Swiss-based group purchasing organization affiliated with Express Scripts. The company has agreed to fully refund the retained rebates. This highlights the potential for other companies to be overcharged if their drug contracts are not reviewed. Subscribe to Health Care Inc. to stay informed about similar issues in the healthcare industry.
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Health Care Inc. newsletter on health insurer Q2 earnings
