McKesson opioid settlement overview:
- Who: McKesson Corp., Cencora Inc. and Cardinal Health have reached a $300 million class action settlement.
- Why: The McKesson settlement will resolve claims from health insurers and benefit plans over the drug distributorsโ alleged role in the opioid crisis.
- Where: The opioid class action lawsuit was filed in Ohio federal court.
Three of the countryโs largest drug distributors have reached a $300 million class action settlement over allegations they contributed to the opioid crisis, Reuters reports.
McKesson Corp., Cencora Inc. and Cardinal Health deny any wrongdoing but agreed to settle the McKesson opioid class action lawsuit to escape claims from health insurance companies and benefit plans over the drug companiesโ alleged failure to regulate the amount of opioid painkillers to be sold through illegal channels.
Paul Geller, one of the plaintiffsโ lawyers, said the McKesson settlement covered third-party payers that โlargely paid for the overprescribed and overmarketed pills and for the treatment required when their plan beneficiaries inevitably suffered opioid use disorder.โ
The proposed settlement class includes insurance companies and benefit plans that paid for or were reimbursed for prescription opioid drugs manufactured or distributed by the defendants and/or that incurred costs for treatment related to misuse, addiction and/or overdose of opioid drugs since Jan. 1, 1996.
McKesson will pay approximately 38% of the $300 million McKesson settlement amount, while Cardinal and Cenora will pay about 31%.
The plaintiffs have asked an Ohio federal judge to preliminarily approve the McKesson opioid settlement.
McKesson settlement part of effort to seek accountability for opioid crisis
Thousands of opioid lawsuits have been filed with the goal of holding drug manufacturers, distributors and pharmacies accountable for fueling the opioid crisis and hundreds of thousands of opioid overdoses in the United States over the last two decades.
More than $50 billion in settlements have been reached to date. Most of the opioid settlements have been reached with states and local governments.
Hikma Pharmaceuticals recently agreed to pay $150 million to escape allegations it failed to report suspicious opioid orders made by potentially illegal distributors. A California federal judge also recently approved a $78 million settlement over allegations McKinsey and Co. deceptively advertised its opioid prescription drugs.
What do you think about the McKesson settlement agreement? Join the discussion in the comments.
The plaintiffs are represented by Paul J. Geller and Mark J. Dearman of Robbins Geller Rudman & Dowd LLP; Elizabeth J. Cabraser and Eric B. Fastiff of Lieff Cabraser Heimann & Bernstein LLP; Peter H. Weinberger of Spangenberg Shibley & Liber; Jayne Conroy of Simmons Hanly Conroy; Joseph F. Rice of Motley Rice; and Paul T. Farrell Jr. of Farrell & Fuller LLC.
The McKesson opioid settlement is In re: National Prescription Opiate Litigation, Case No. 1:17-md-02804-DAP, in the U.S. District Court for the Northern District of Ohio, Eastern Division.
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130 thoughts onMcKesson, Cardinal, Cencora to pay $300M settlement over role in opioid epidemic
I have taken vicodin and hydrocodone for over 20 yrs. I was definitely addicted to them and went into treatment 2 yrs ago because it led to other addictions. Please add me
Please add me. I was on OxyCodone for back pain for over 10 years and was forced to quit to keep my benzo mood stabilizer which were taken within weeks of quitting opioids. Hell of a way for a veteran to be treated
YOU CAN NOT JUST ASK TO BE ADDED IN A COMMENT! HAS THIS EVER WORKED FOR ANYONE? NO.
YOU HAVE TO GO TO THE ACTUAL CLAIM WEBSITE AND FILL OUT A CLAIM FORM.
GEEEZ PEOPLE!!
Please add been on perkacits for 7 years
Add me, for so many years my husband was addicted to those horrible pills.
please add me unfortunately those pills ruined more than it ever helped
Please add me. Iโve been deprived of a social and productive life because of this medication.
This crisis have been way overdue! Yet people wonder why there are so many homeless people out there. Majority is because of opioid addiction that
physicians kept prescribing. I used to work at a hospital. McKesson and Cardinal was the main companies we went thru and let me say we order a whole lot.
I want to be a part of this. Opioids ruined my life and killed several friends.
I have been waiting for something to happen for 5 years now.
Ive had a total of 3 major surgeries all of which Opiod Medication was administered as standard medical protocol. When the Whistle was blown that patients never completely understood the eminent life threatening danger , I had already been on regular daily Opiod addictive dosages. When I was to recieve my last surgery I was made to sign disclaimer documents after already dealing with addictive symptoms that were never really explained nor any other options given by my orthopedic surgeon.
How do the cases get settled and those directly affected are still waiting?! Purdue/Sacklers have still not paid a penny!!